Scalper1 News
Altera (ALTR) stock hit a fresh 15-year high Monday after the Chinese Ministry of Commerce approved its acquisition by No. 1 chipmaker Intel (INTC) — the final regulatory obstacle to the transaction. The $16.7 billion acquisition, at about $54 a share, is expected to close Dec. 28, according to 8K filings with the U.S. Securities and Exchange Commission. In morning trading on the stock market today, Altera stock was up 2%, trading just below 54. Scalper1 News
Scalper1 News