Lattice Semiconductor to be acquired for US$1.3 billion

Lattice Semiconductor and Canyon Bridge Capital Partners, an affiliate of Canyon Bridge, have signed a definitive agreement under which Canyon Bridge Capital Partners will acquire all outstanding shares of Lattice for approximately US$1.3 billion inclusive of Lattice's net debt, or US$8.30 per share in cash. This represents a 30% premium on Lattice's trade price on November 2, 2016, the last trading day prior to the announcement.

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