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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Intel Corporation | NASDAQ:INTC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.42 | 1.38% | 30.93 | 30.93 | 30.94 | 31.055 | 30.75 | 30.98 | 10,324,689 | 15:42:27 |
Intel Corp. (INTC) is nearing a deal to buy chip-making rival Altera Corp. (ALTR) for about $15 billion, The New York Post reported late Thursday, citing a person close to the matter. The bid could be for as much as $54 a share, or 15% higher than Altera's closing price of $46.97 Thursday, the source said.
Shares of Altera rose 6.1% in premarket trading Friday to $49.85. Intel shares rose 0.4% to $34.15.
Full story at http://nypost.com/2015/05/28/intel-nears-15b-deal-to-purchase-altera/
Write to nymonitoring@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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