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11Mar

CFIUS Update: Chinese Company Ordered to Divest Acquisition of U.S. Hotel Software Company

On March 6, 2020, President Trump issued an Executive Order (“EO”) instructing the Chinese company Beijing Shiji Information Technology Co., Ltd. (“Shiji”) to divest its acquisition of StayNTouch, Inc., a U.S.-based software company providing...
By: Pillsbury - Global Trade & Sanctions Law
Source Url: https://www.jdsupra.com/legalnews/cfius-update-chinese-company-ordered-to-74108/

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