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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%4:00 PM EST
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To: Donald Wennerstrom who wrote (69959)9/9/2015 7:39:52 PM
From: Kirk ©  Read Replies (2) of 95368
 
I think that explains why Altera was flat today while others tanked...

It would have moved to $54 if it was a done deal.... which hasn't happened yet.

From news.investors.com


The merger was announced June 1. Boards for both companies unanimously approved the deal, which will be an all-cash transaction at $54 per share, Intel CFO Stacy Smith said in the merger announcement.

Smith expects the merger to be complete by the end of 2015 or during Q1 2016. He predicted that the deal would be accretive to Intel's earnings per share ex items during the first year after closing.

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