Approval of Doncasters Deal Adds to CFIUS Debate

President Bush’s approval of the acquisition of a Georgia tank parts maker by Dubai-controlled Dubai International Capital LLC generated surprisingly little controversy on Capitol Hill about the deal itself, but may provide more momentum for reforming federal requirements for reviewing mergers with national security implications. “It’s impossible to trust a process where we can’t verify anything about what’s going on,” said Rep. John Barrow, D-Ga.

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