Intel nears $15B deal to purchase Altera

Josh Kosman, New York Post
May 28, 2015

Chip giant Intel is close to a deal to buy fellow chip maker Altera Corp. for about $15 billion, The Post has learned.

The price could be for as much as $54 a share, or a 15 percent premium over Altera’s Thursday closing price of $46.97, a source close to the situation said.

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