Intel drops talks to acquire Altera: Sources

April 9, 2015 1:56 PM

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Intel drops talks to acquire Altera: Sources

Intel has stopped its talks with Altera about a potential acquisition, according to sources familiar with the situation.

Altera stock fell about 10 percent in pre-market trading. When news of the talks first broke in March, Altera stock posted a 28 percent jump.

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