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CFIUS' jurisdiction includes any transaction that could result in foreign control of a U.S. business, such as a merger, acquisition, or takeover; certain noncontrolling investments in businesses involved in critical technologies, infrastructure, or the handling of sensitive personal data; and certain real estate transactions.
National Security Act of 1947; Long title: An Act to promote the national security by providing for a Secretary of Defense; for a National Military Establishment; for a Department of the Army, a Department of the Navy, a Department of the Air Force; and for the coordination of the activities of the National Military Establishment with other departments and agencies of the Government concerned ...
Base Realignment and Closure (BRAC) [1] [2] was a process [3] by a United States federal government commission [4] to increase the efficiency of the United States Department of Defense by coordinating the realignment and closure of military installations following the end of the Cold War.
The National Security Act of 1947 merged the Department of War and the Department of the Navy into the National Military Establishment (which was later renamed as the Department of Defense). The law also separated the U.S. Air Force from the Army. It created the Central Intelligence Agency (CIA), and the National Security Council (NSC).
In the area of mergers and acquisitions, the greenmail payment is made in an attempt to stop the hostile takeover. [4] One example of this practice was the attempted takeover by William Ackman's Pershing Square Capital Management of American retailer Target, which had a large inventory of mature or nearly mature real estate properties in its ...
The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act.
The National Security Act of 1947 did not explicitly authorize the CIA to conduct covert operations, although Section 102(d)(5) was sufficiently vague to permit abuse. [ 2 ] [ 3 ] At the very first meetings of the NSC in late 1947, the perceived necessity to "stem the flow of communism" in Western Europe —particularly Italy —by overt and ...