September 1, 2017 / 12:20 PM / 2 years ago

BRIEF-Lattice Semiconductor, Canyon Bridge plan talks with CFIUS and U.S. President on proposed merger

Sept 1 (Reuters) - Lattice Semiconductor Corp

* CFIUS indicated it will recommend U.S. President suspend/prohibit proposed merger between co, unit of Canyon Bridge Fund I, Lp‍​

* Remains of view proposed transaction “does not raise any national security concerns” that cannot be addressed by mitigation measures proposed by co and Canyon Bridge

* Co and Canyon Bridge plan further discussions with CFIUS and the President to explore measures to resolve any outstanding national security concerns

* Hopeful that given benefits of deal, mitigation measures proposed, if matter is referred to President, he will allow merger to be consummated

* Says there can be no assurances that CFIUS or the President will entertain further dialogue with the parties - SEC filing Source text ( Further company coverage:

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