Silver Lake is near a deal for Intel's Altera - report ...Middle East

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Intel bought Altera in an all-cash deal in 2015 worth $16.7 billion. Currently, Intel's market cap is $115 billion but that comes after a 40% rally in the past week on breakup speculation.

In any case, INTC is up 13% today and edged further higher after the latest report.

This article was written by Adam Button at www.forexlive.com.

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