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WSJ: Intel to announce $54/share Altera deal on Monday

2015-06-01 02:48:49| Agriculture - Topix.net

Following more than two months of drama, Intel is set to announce tomorrow it's buying FPGA vendor Altera for the same $54/share price Bloomberg reported hearing in early April, per the WSJ . The reported price translates to a $16.2B valuation, or $13.2B after factoring net cash/investments.

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