Intel To Offload 51% Of Altera Business To PE Firm Silver Lake – Intel (NASDAQ:INTC)

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Intel To Offload 51% Of Altera Business To PE Firm Silver Lake – Intel (NASDAQ:INTC)

On Monday, Intel Corp INTC announced plans to sell 51% of its Altera business to Silver Lake at a valuation of $8.75 billion.

Intel will own the remaining 49% of the Altera business, enabling it to participate in Altera’s future success…

Article Source
https://www.benzinga.com/25/04/44792707/intel-stock-surges-5-on-potential-altera-sale-trumps-tariff-relief-provides-added-boost

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