Friday, February 4, 2011

Stockholders of L-1 approve Safran SA merger

Stockholders OK sale of L-1 units to French group (Washington Monthly)
Following approval by the Committee on Foreign Investment in the United States, completion of the BAE sale and other customary conditions, Safran will purchase L-1’s Secure Credentialing Solutions, Biometric, and Enterprise Access Solutions and Enrollment Services units.