Intel Corporation agreed to pay $7.68 billion in cash for McAfee, Inc., on August 19. The acquisition would be the largest in Intel’s history, and at $48 per target share comes at a 60 percent premium to McAfee’s August 18 closing price. With it, the world’s largest semiconductor manufacturing company would expand into computer security software and services.
The parties hope to close the deal by the end of the year pending approvals from regulators and McAfee shareholders.
For acquiror Intel Corporation (Santa Clara, California)
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
