Intel Nears Altera Exit in Game-Changing Silver Lake Deal – Wall Street Pit

Intel Nears Altera Exit in Game-Changing Silver Lake Deal – Wall Street Pit

  • Intel’s (INTC) shares rose 2.60% to $20.25 in premarket trading, as it nears a deal to sell a majority stake in its Altera unit to Silver Lake for $9 billion, retaining a minority stake, per the Financial Times.
  • The transaction, led by Silver…

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