The Committee on Foreign Investment in the United States (CFIUS), an interagency committee of the U.S. government empowered to review transactions that could result in control of a U.S. business by a foreign person (covered transactions) in order to evaluate the potential effects of such transactions on U.S. national security, has played an increasingly significant role in cross-border transactions in 2017. Here are certain key CFIUS developments and related takeaways for boards and deal professionals:

On September 13, President Trump blocked the acquisition of Lattice Semiconductor Corporation (Lattice) by Canyon Bridge Capital Management, L.P. (Canyon Bridge), a California-based fund backed by a Chinese asset management firm.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]