MGT Capital Investments (MGT) Gains on McAfee Sale Report

September 7, 2016 3:35 PM EDT

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MGT Capital Investments (NYSE: MGT) spikes to session highs following reports Intel (NASDAQ: INTC) is near a deal to sell McAfee to TPC. Shares are up 12%.

MGT is not connected to the sale but is run by McAfee founder John McAfee. In addition, MGT has filed a complaint against Intel.

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