Talk:Committee on Foreign Investment in the United States

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Reported Tuesday Feb 21, 2006 10:44 p.m. ET http://biz.yahoo.com/ap/060221/japan_buying_westinghouse.html?.v=1 -- “Japan’s Toshiba electronics company will purchase U.S. nuclear power company Westinghouse Electric Co. from British Nuclear Fuels PLC for US$5.4 billion (euro4.5 billion) British Nuclear Fuels paid $1 billion when it bought the company in 1999. As a Japanese acquisition, it needs approval from the Committee on Foreign Investments in the U.S. The U.S. government would have preferred to see Westinghouse go to General Electric Co., which bid unsuccessfully against Toshiba.”