UPDATE 1-3Com to skip investor vote, continue merger talks

(Adds company comments, background)

NEW YORK, Feb 28 (Reuters) - 3Com Corp (COMS.O) said on Thursday it plans to immediately adjourn Friday's annual shareholders' meeting without taking a vote on a proposed takeover by Bain Capital Partners and China's Huawei Technologies Co Ltd [HWT.UL].

The network gear maker said it would continue discussions with Bain and reconvene the meeting a week later, on March 7.

U.S. private equity firm Bain and China's top telecom equipment maker, Huawei, withdrew their $2.2 billion bid for 3Com earlier this month after it failed to win approval from the Committee on Foreign Investment in the United States (CFIUS), which reviews corporate deals with foreign buyers.

3Com said it would continue to work with its suitors to construct alternatives that address the panel's concerns, but said there was no assurance that it would come up with a solution that satisfies the panel, or that the discussions would not lead to a lowered buying price. (Reporting by Martinne Geller; Editing by Braden Reddall, Leslie Gevirtz)