Trump Blocks Canyon Bridge's $1.3B Chipmaker Buy

Law360, New York (September 13, 2017, 5:11 PM EDT) -- President Donald Trump on Wednesday blocked Canyon Bridge Capital Partners Inc.’s planned $1.3 billion acquisition of chipmaker Lattice Semiconductor Corp., siding with the Committee on Foreign Investment in the United States’ decision that the involvement of Chinese investors presents a national security concern.

President Donald Trump's decision to block the deal marks only the fourth time in history a president has stopped a transaction because of national security concerns. (AP) The president issued the order prohibiting the acquisition of the chipmaker by the Chinese private equity firm due to the involvement of the Chinese government in the transaction, according to a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!