BRIEF-Intel Announces Strategic Investment By Silver Lake In Altera

Reuters
14 Apr
BRIEF-Intel Announces Strategic Investment By Silver Lake In Altera

April 14 (Reuters) - Intel Corp INTC.O:

  • INTEL ANNOUNCES STRATEGIC INVESTMENT BY SILVER LAKE IN ALTERA

  • INTEL: RAGHIB HUSSAIN APPOINTED CHIEF EXECUTIVE OFFICER OF ALTERA.

  • INTEL - ENTERED INTO A DEFINITIVE AGREEMENT TO SELL 51% OF ITS ALTERA BUSINESS TO SILVER LAKE

  • INTEL - TRANSACTION VALUES ALTERA AT $8.75 BILLION

  • INTEL - UPON CLOSING, EXPECTS TO DECONSOLIDATE ALTERA'S FINANCIAL RESULTS FROM INTEL'S CONSOLIDATED FINANCIAL STATEMENTS

Source text: ID:nBw6Rs74ra

Further company coverage: INTC.O

((Reuters.Briefs@thomsonreuters.com;))

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