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Wall Street responded with a collective shrug Wednesday after Intel’s (INTC) pending $16.7 billion acquisition of chipmaker Altera (ALTR) passed its first regulatory hurdle Tuesday. Intel stock fell a fraction Wednesday, and Altera stock was flat at 50.20, after their shares rose 3.4% and 2.2%, respectively, on Tuesday. Summit Research analyst Srini Sundararajan said the Department of Justice and Federal Trade Commission could have asked for more Scalper1 News
Scalper1 News