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Intel gets Apollo offer to invest up to $5 billion
Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles
Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., people familiar with the matter said, providing the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm Inc.
Intel Stock Surges Amid Reports of Apollo Investment, Qualcomm Takeover Interest
Key Takeaways Intel shares surged Monday following a pair of reports that could bring an infusion of cash to the troubled chipmaker.Apollo Global Management reportedly offered to invest as much as $5 billion in the chipmaker,
Intel stock jumps after report of possible Apollo investment
Intel ( INTC) stock jumped as much as 5% in premarket trading Monday following a Bloomberg report of a potential multi-billion dollar investment from Apollo Global Management. ( Disclosure: Yahoo Finance is owned by Apollo Global Management.)
5h
Intel Has A New Knight In Shining Armor? After Qualcomm, Apollo Global Management Reportedly Proposes Multibillion-Dollar Investment
Apollo Global Management Inc. (NYSE:APO) has reportedly been considering a multibillion-dollar investment in Intel Corp.
FIRSTonline
14h
Intel in Qualcomm and Apollo's sights: The battle that could transform the chip market - FIRSTonline
Qualcomm is targeting Intel, taking advantage of the chip giant's weaknesses, but the acquisition could run into technical and regulatory hurdles. Meanwhile, Apollo Global Management seems ready to ...
Seeking Alpha
9h
Intel acquisition by Qualcomm unlikely; Apollo investment possible: analysts
Intel also has $50B-plus in debt while
Qualcomm
shows $13B of cash on the balance sheet, making this deal financially ...
5h
Qualcomm buying Intel doesn't make sense, says Wall Street's top chip analyst
Intel's semiconductor factories present a major challenge for Qualcomm's possible acquisition.
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