Head of Global M&A Scrivano Quoted by Daily Journal on CFIUS Concerns Affecting Cross-Border Investments

February 18, 2016

The February 18, 2016, edition of the Daily Journal quoted O’Melveny’s head of the Global Mergers & Acquisitions and Private Equity Practice about how potential concerns surrounding regulatory approvals from the Committee on Foreign Investment in the United States may have been a factor in San Jose-based chipmaker Fairchild Semiconductor International Inc.’s ultimate rejection of a US$2.5 billion offer from China Resources Microelectronics Ltd.  Paul Scrivano said in the article, "I think what we're seeing here is a knee-jerk reaction. It's important to step back and not paint a picture with broad strokes, particularly in a deal where you're cashing in and leaving 10 percent on the table."