BEIJING, Mar.
2 -- The US government has rejected IBM's proposed concessions
in its deal with China's Lenovo Group in the interests of
national security issue.
The Beijing Morning Post report that last week IBM offered
US government officials three concessions to help settle
objections to sale of its personal computer unit to China's
top computer maker.
They include
preventing Beijing-based Lenovo from knowing the names of
IBM's US government customers, sealing off buildings in
a shared office park and moving thousands of employees to
other locations.
Analysts say
the decision could put Lenovo at a disadvantage against
competitors such as Dell and Hewlett-Packard.
The 1.25-billion-dollar
deal between the two companies is being probed by the Committee
on Foreign Investments in the United States, an interagency
panel that may review mergers or acquisitions that affect
US national security.
Source: CRIENGLISH.com