Market Chatter: Intel Narrows List of Suitors for Altera Unit

MT Newswires Live12-20 03:07

Intel (INTC) has made a shortlist of buyout firms for the next bidding round for its unit Altera, Bloomberg reported Thursday, citing people familiar with the matter.

Intel did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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