Lattice's Blocked Deal Reflects Prolonged U.S. Approval Process - McDermott Will & Emery

Lattice’s Blocked Deal Reflects Prolonged U.S. Approval Process

Overview


Linda Jisaid that, although the Committee on Foreign Investment in the United States (CFIUS) blocked a Chinese company’s bid to buy Lattice Semiconductor, an overall rise in the CFIUS caseload “shows the increase in foreign investments in the U.S. and their [foreign investors’] confidence in the U.S. economy, or otherwise they wouldn’t come here.” To create smoother consideration of deals, Ms. Ji noted that the “economic benefits are being taken into account by CFIUS in its review.”