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Technology Stocks : CYPRESS Semiconductor (CY)
CY 23.820.0%Apr 16 4:00 PM EDT
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To: Debt Free who wrote (2688)3/6/2020 10:41:07 PM
From: robert b furman  Read Replies (2) of 2694
 
Hi Debt,

Here's why: Possible Cfius block on merger:

Cypress Semi -18% on reported CFIUS concerns
Mar. 5, 2020 2:22 PM ET|About: Cypress Semiconductor Corpo... (CY)|By: Brandy Betz, SA News Editor

Cypress Semi (NASDAQ: CY) plunges 18.2% after MLex reports that Infineon has pulled and refiled paperwork at least once with the Committee on Foreign Investment in the United States.

MLex says a CFIUS decision on whether to continue talks could come soon. MLex didn't cite a source.

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