L-1 Elaborates Acquisition Negotiations Having More Progresses with CFIUS

L-1 Identity Solutions, announced that in connection with the pending acquisition of L-1 by Safran, L-1 believes that the parties have made progress with the Committee on Foreign Investment in the United States (CFIUS). In order to provide additional time for the efforts to negotiate the terms of a definitive mitigation agreement, CFIUS has accepted the joint request by Safran and L-1 to voluntarily withdraw the CFIUS notification and the parties have refiled the notification.  read more