U.S. President Trump Admin Blocks Canyon Bridge Lattice Semiconductor Deal
U.S. President Donald Trump blocked a deal in which Portland, Oregon-based Lattice Semiconductor Corporation was going to be acquired by Beijing-based Canyon Bridge Capital Partners, LLC for US$ 1.3 billion. Lattice Semiconductor needed clearance by the U.S. Committee on Foreign Investment in the United States (CFIUS) under the Defense Production Act of 1950, as amended – this did not happen. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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