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SoftBank agrees to invest $2B in Intel, paying $23 per share for Intel's common stock and buying ~2% of its outstanding shares; INTC rises ~4% pre-market (Kif Leswing/CNBC) from Techmeme RSS feed.
SoftBank agrees to invest $2B in Intel, paying $23 per share for Intel's common stock and buying ~2% of its outstanding shares; INTC rises ~4% pre-market (Kif Leswing/CNBC)
Kif Leswing / CNBC:
SoftBank agrees to invest $2B in Intel, paying $23 per share for Intel's common stock and buying ~2% of its outstanding shares; INTC rises ~4% pre-market — Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.