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Fairchild spurns offer from Chinese investment group

2016-02-18 22:21:07| Electronics - Topix.net

Fairchild Semiconductor has turned down an acquisition offer by a Chinese investment group, fearing the deal would be tied up in a lengthy national security review. The decision shows how mounting concerns in Washington may be starting to derail what has been a steady train of Chinese acquisitions of U.S. tech companies, a number of them in Silicon Valley.

Tags: group offer chinese investment

Category:Electronics and Electrical

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