Tsinghua Has No Intention of Acquiring All of Lattice Semiconductor (LSCC) - DJ
Get Alerts LSCC Hot Sheet
Join SI Premium – FREE
(Updated - April 14, 2016 1:42 PM EDT)
Tsinghua Unigroup Chairman said the company has no intentions of buying Lattice Semiconductor (NASDAQ: LSCC) after disclosing a 6% stake in the company yesterday, according to reports from Dow Jones News.
In a telephone interview with Dow Jones Thursday, Tsinghua Unigroup Chairman Zhao Weiguo said, "This is purely a financial investment." He added, "We don't have any intention at all to try to acquire Lattice."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Paramount Global (PARA) and Skydance are closer to a merger - CNBC
- Mangoceuticals (MGRX) Acquires Global Preventive Care Patent Portfolio
- T-Mobile (TMUS) and EQT Announce JV to Acquire Lumos
Create E-mail Alert Related Categories
13Ds, Hot M&A, Mergers and Acquisitions, Rumors, Trader TalkRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!