SecurityRatty: Citing Security Concerns, 3Com Withdraws Buyout Application

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Citing Security Concerns, 3Com Withdraws Buyout Application

2008-02-20 15:55:00 by Associated Press in Wired Security

The California network-equipment maker says the $2.2 billion deal to be acquired by a Chinese telecom won't proceed, because federal authorities reviewing the proposed sale said security issues can't be resolved.