Posted AT 1:27 AM EST on 09/05/08
Ottawa reaffirms decision to block MDA deal
Canadian Press and Globe and Mail Update
The federal government says it stands by its decision to block a foreign takeover of Canada's premier space technology firm.
Industry Minister Jim Prentice announced the decision early Friday, saying it followed an "extensive and rigorous review process."
Mr. Prentice said he is not satisfied that the deal "is likely to be of net benefit to Canada."
Ottawa first turned down the $1.
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