24/7 WallSt.com has come up with a list of 11 targets that could fall under foreign ownership. These deals should become easier and easier for foreign entities or sovereign wealth funds if the extreme weakness in the dollar continues. However, the dollar's slide may be interrupted, as our interest rate futures are calling for more than a 100-basis point rise.
Our country and our companies have increasingly become targets for foreigners buying assets on the cheap. The trick is determining which ones have no impact on US national security so that the Committee on Foreign Investment in the United States and other watchdogs don't file to block the merger.
Major U.S. companies failed to move aggressively after the Asian Contagion in 1998, which was their last chance to buy foreign properties at a discount. Now that The US Dollar has become the US Peso, it seems that the U.S. could see many US-based companies become foreign acquisition targets.
This may be the post-American cycle taking effect or the flattening out of the world. Whatever it ends up being, it isn't going to be without controversy and without change. You can read the full story from 247WallSt.com to see the list of eleven possible deals of public US companies as well as a list of eleven other current US brands that are now foreign-owned.
Major US brands could soon be foreign owned
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