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TIG Advisors Supports Intel Acquisition of Altera
June 1, 2015 4:00 PM EDTNEW YORK--(BUSINESS WIRE)-- TIG Advisors, LLC (TIG Advisors), a stockholder of Altera Corporation (Nasdaq: ALTR) (Altera or the Company), applauds the Board of Altera (the Board) for re-engaging with Intel Corporation (Nasdaq: INTC) (Intel) and entering into a definitive agreement under which Intel would acquire Altera for $54 per share in an all-cash transaction.
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Intel to Acquire Altera
June 1, 2015 8:31 AM EDTEnables New Classes of Products in High-Growth Data Center and Internet of Things Market Segments
Combination Harnesses the Power of Moores Law to Accelerate Alteras Existing Businesses
Expected to be Accretive to Non-GAAP EPS and Free Cash Flow in First Year After Close
SANTA CLARA, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)-- Intel Corporation (NASDAQ: INTC) and Altera Corporation (NASDAQ: ALTR) today announced a definitive agreement under which Intel would acquire Altera for $54 per share in an... More
