Bloomberg Law turned to customs and international trade partner Christopher Monahan for insight on a proposed golf merger and the potential involvement of the Committee on Foreign Investment in the United States (CFIUS), which investigates foreign investments in American businesses and real estate purchases that could have national security implications.
The publication reported that a potential investigation of a golf deal would be unlike any other undertaken by CFIUS. The committee’s consideration of what constitutes a national security vulnerability has grown broader in recent years, according to Monahan.
If CFIUS “imposes mitigation or does anything to slow or harm the deal, then yes, I think in any future deal involving the public investment fund and other investments in major professional sports, they’d be crazy not to look at it as precedent and plan their deals accordingly,” Monahan added.
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