Tuesday, December 29, 2020
Hedge fund Third Point urges Intel to explore deal options
Were it to gain traction, Third Point's push for changes could lead to a major shakeup at Intel, which has been slow to respond to investor calls to outsource more of its manufacturing capacity. It could also lead to the unwinding of some of its acquisitions, such as the $16.7 billion purchase of programmable chip maker Altera in 2015. https://ift.tt/34WPiCC
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