The Norsat sale to China has temporarily been put on hold after a U.S. hedge fund made an unsolicited bid on Monday.
=======
Privet, as the biggest share holder of Norsat (17%), has been looking for chance to purchase Norsat for long time. Somehow the NorSat management don't like it and sought for Chinese buy out. This is the truth behind the rhetoric and the media like G&M are nothing but American front, they basically act for American company's interest.
NorSat or Canadian government use Chinese to fend off American purchase, at the end nothing will happen probably.