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China Angles to Buy 3Com
China Angles to Buy 3Com Thursday, October 25, 2007 2:48 PM By: Charles R. Smith The pending sale of a U.S. defense contractor to a company directly linked to the Chinese army would normally be canceled at once. However, the links between a dark Chinese company and many of the most powerful politicians in America appears to have put the buyout of 3Com on the fast-track toward approval. Bain Capital and Goldman Sachs — two leading financial firms — are currently seeking the buyout of 3Com, a computer communications firm with U.S. defense contracts. 3Com makes equipment used by the...
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