BMO Capital Downgrades Intel (INTC) to Market Perform
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June 1, 2015 4:00 PM EDT
NEW 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.
... More
June 1, 2015 8:31 AM EDT
Enables 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
