Thursday, 2 November 2017

Imagination sale approved but buyer’s co-founder faces charges.

Imagination Technologies’ shareholders have approved the £550 million sale of the company to China-backed private equity fund Canyon Bridge, but Canyon Bridge’s co-founder has been charged with insider trading in the USA. The co-founder is Benjamin Chow – a China-born American citizen. The Manhattan Attorney General and the FBI allege that Chow conspired to commit ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/imagination-sale-approved-buyers-co-founder-faces-charges-2017-11/

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