L-1 sale update

Stockholders to vote on merger on February 3, 2011 (ConsumerElectronicsNet.com)

Under the terms of the agreement entered into on September 19, 2010, Safran has agreed to acquire L-1 Identity Solutions, Inc. following the sale of L-1's intelligence services businesses to BAE Systems Information Solutions Inc.

It looks like there are still three moving parts. The sale the intelligence services to BAE is expected in the next few days. The vote to sell the rest to Safran is scheduled for February.