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Intel gets Apollo offer to invest up to $5 billion
Intel stock jumps on rumors of $5 billion Apollo investment
Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition.
Intel is in talks to get an investment of up to $5 billion from Apollo, report says
Intel may receive a $5 billion investment from Apollo Global Management, Bloomberg reports, amid potential takeover talks with Qualcomm.
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.
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.
12h
Intel’s Chips on the Table
Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep ...
11h
Intel stock price today: 3 possible reasons why INTC shares are up
Chipmaking giant Intel Corporation has been the focus of a flurry of rumors over the last few days. Investors like what ...
8h
on MSN
Qualcomm's potential Intel buyout could raise antitrust, foundry concerns
A potential deal to buy Intel could accelerate Qualcomm's diversification but will burden the smartphone chipmaker with a ...
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