Apollo Offers $5B Intel Investment
This is a news story, published by Yahoo Finance, that relates primarily to Intel news.
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IntelReuters
•Apollo eyes $5 billion investment in Intel, Bloomberg News reports
78% Informative
Asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel .
The news comes at a moment of weakness for Intel , whose shares have lost nearly 60% of their value since the start of the year .
Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker.
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