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Foreigners set up buy-outs of American companies2008-01-09 19:44:44dwayne


Zachary R. Mider in a piece for Bloomberg.com (http://www.bloomberg.com/apps/news?pid=20601109&sid=a9n3iDsaI1Ms&refer=exclusive) details that 46 percent of acquisitions this year of American companies were bought by Dubai and Netherland based corporations. His report goes on to detail further the percentage of American companies bought by foreign investors. Does not look good for some people. Technology will be shipped elsewhere.