Intel, Altera Merger Talks Said To Have Ended

By | April 9, 2015

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Intel’s (INTC) expected acquisition of Altera might not take place after all, according to a report Thursday from CNBC. “The two companies have not spoken in more than a week, sources said, as neither party could agree on a price,” CNBC reported Thursday, citing unnamed people familiar with the situation. “Those sources said Intel’s offer was in the neighborhood of the low $50-range per share, and that the talks had taken place over several Scalper1 News

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