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On the recommendation of CFIUS, President Trump rejected Canyon Bridge Capital’s bid to purchase Lattice Semiconductor Corp. According to partner John P. Carlin in The Wall Street Journal article “China-Backed Firm Escapes Breakup Fee in Lattice Deal,” the denial could have a negative impact on future deals the Chinese company hopes to make.

China-Backed Firm Escapes Breakup Fee in Lattice Deal

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On the recommendation of CFIUS, President Trump rejected Canyon Bridge Capital’s bid to purchase Lattice Semiconductor Corp. According to partner John P. Carlin in The Wall Street Journal article “China-Backed Firm Escapes Breakup Fee in Lattice Deal,” the denial could have a negative impact on future deals the Chinese company hopes to make.“It’s the buyer that has the greater risk,” he said. “For a future acquisition, if you’re considering a buyer you know is one that CFIUS had serious concerns about, you might go with a lower, less risky bid or stricter terms as to reverse termination fees.”Read the <a href="https://blogs.wsj.com/cfo/2017/09/15/china-backed-firm-escapes-breakup-fee-in-lattice-deal/ " target="_blank">full article</a>.

China-Backed Firm Escapes Breakup Fee in Lattice Deal

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