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Trump blocks Chinese purchase of US semiconductor maker [Lattice]
Associated Press ^ | Sep 13, 2017 11:43 PM EDT

Posted on 09/13/2017 9:38:50 PM PDT by Olog-hai

President Donald Trump has blocked a Chinese government-financed firm’s acquisition of an Oregon semiconductor maker on national security grounds.

Trump’s order Wednesday came after a federal panel that reviews foreign investment for possible security threats ruled against the proposed $1.3 billion takeover of Lattice Semiconductor last week.

The deal has been under scrutiny since it became clear the buyer, Canyon Bridge Capital Partners, is funded by the Chinese government. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Computers/Internet; Society
KEYWORDS: canyonbridge; lattice; redchina; trump

1 posted on 09/13/2017 9:38:50 PM PDT by Olog-hai
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To: Olog-hai

Well OK! A President of the United States who thinks he’s President of the United States. That’s why I voted for him.


2 posted on 09/13/2017 9:45:59 PM PDT by dr_lew (I)
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To: Olog-hai

Yikes, what does this say about a company like Broadcom? It’s home is Singapore. It’s been gobbling up American companies to the point where they are 5x bigger then they were just 4 years ago. And Broadcom’s CEO, Hock, is on the par when it comes to business skills as is Trump.


3 posted on 09/13/2017 10:23:19 PM PDT by JoSixChip (Repeal and replace the gopE.)
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To: Olog-hai

Winning.

Now put up some tariffs.


4 posted on 09/13/2017 10:25:52 PM PDT by JPJones (Who is FOR tariffs? George Washington, Ronald Reagan and Me.)
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To: Olog-hai

Let the chinese eat Nork radiation. It’s what they planned for everyone else.


5 posted on 09/14/2017 3:24:46 AM PDT by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: Olog-hai

Trump to Hillary and Democrats: no Chinese deal soup for you!


6 posted on 09/14/2017 3:49:14 AM PDT by lavaroise
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To: Olog-hai

Finally a President not selling out our country from the inside. Imagine if Hillary was in? She’d not only sell it, she’d take all the payments herself through her foundation.


7 posted on 09/14/2017 4:19:26 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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