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Homeland Security

Briefing

DDN

Wednesday, February 16th, 2011

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*L-1 Identity Solutions' [ID] shareholders have approved the purchase of the identity solutions parts of their company by France's Safran Group, moving the deal one step closer to fruition. Shareholder approval followed notification last month from the Federal Trade Commission that the waiting period under Hard-Scott- Rodino anti-trust law has expired. L-1 says that about 99 percent of the shares voted were in favor of the merger. Now completion of the merger remains subject to approval by the Committee on…

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