Altera Stock Surges On Reported Talks With Intel

By | March 27, 2015

Scalper1 News

Altera (ALTR) stock soared just before the close Friday on a Wall Street Journal report that Intel is in talks to acquire the chipmaker. The deal would likely be No. 1 chipmaker Intel’s biggest acquisition, if it goes through. Altera’s market capitalization is roughly $11.5 billion. The Wall Street Journal reported that “terms of the potential deal and its timing couldn’t be learned, and it is possible there ultimately won’t be one.” Neither Scalper1 News

Scalper1 News