Posted on 09/16/2017 10:06:12 AM PDT by davikkm
Oregon-based Lattice Semiconductor Corp hoped to sell itself to a Chinese-backed private equity fund called Canyon Bridge. That deal, it turns out, was never to be. After CFIUS (the Committee on Foreign Investment in the U.S.) gave a thumbs-down over security concerns, earlier this month, Lattice took its case to Donald Trump, arguing that the deal would create American jobs. They thought Trump would fall for it, but he upheld CFIUS’s recommendation.
In blocking this deal, he sent a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with military implications. Trump is basically protecting the sovereignty of the United States by protecting its technology used in the defense of our Country. If given to China, it does not take a rocket scientist to know it could be used against us. So many before him did not seem to understand this. So many of our defense secrets have been sold to foreign countries it is absolutely beyond the pale of understanding.
Canyon Bridge Capital Partners’ planned a $1.3 billion acquisition of Lattice Semiconductor Corporation was one of the largest attempted by a Chinese-backed firm in the US microchip sector. U.S. Defense officials raised red flag concerns about the Lattice acquisition by a firm backed by the Chinese government. I am glad that they did.
(Excerpt) Read more at investmentwatchblog.com ...
Good. Thank you, Mr. President.
Yep.
Thank God. And thanks to President Trump...
Lattice does not even sell to the Military. Equity investors lose value for no reason.
Clinton would have approved if China contributed a few billion to the Clinton “Foundation”. See the difference?
Thnak you President Trump. Good call.
You are very mistaken. Over the years, though a chain of acquisitions Lattice now has one of the most significant portfolios for the military.
Thank you to this writer and news website for reporting that there is a man in charge who protects the US from its enemies.
Not since 2012. A word to the wise for tech investors; go back and revalue your holdings account for increase government theft.
This is a good example of hiring the right people for the job. Whomever brought this to the President's attention....kudos.
He must not be taking money from the chinese military
Hillary would have been there to get a bribe then sell out this nation. Trump did not.
Yes, that is good news.
But there’s also THIS! (And before you FLAME me, I’ve been huge supporter of the man and will remain so. But he MUST FIX THIS before it DESTROYS HIM AND THIS COUNTRY!
There IS some truth in the aphorism “Keep your friends close and your enemies CLOSER”...BUT THIS IS NUTS!
What the hell is Trump THINKING??? If you don’t read anything else on the topic of the threat posed by the Obama holdovers, deep staters and INTEL QUISLINGS to the future of America, PLEASE READ THIS!
The swamp is overflowing. The National Security Council is becoming a national security threat.
DB
http://canadafreepress.com/print_friendly/understanding-the-mcmaster-nsc-purge
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