Trump to decide on China-backed buyout of U.S. chipmaker

Go back to Trump to decide on China-backed buyout of U.S. chipmaker

Lattice Semiconductor (LSCC) Says CFIUS to Recommend Trump Suspend or Prohibit Canyon Bridge Fund Merger

September 1, 2017 8:13 AM EDT

Lattice Semiconductor (NASDAQ: LSCC) disclosed that The Committee on Foreign Investment in the United States (CFIUS) has indicated that it will recommend that the President of the United States suspend or prohibit the proposed merger (the Merger) between Lattice and an indirect wholly-owned subsidiary of Canyon Bridge Fund I, LP (Canyon Bridge), a private equity fund with China-based investors.

Lattice remains of the view... More