Shareholders nudge Altera to reopen talks with Intel

April 13, 2015 9:41 PM

55 0

REUTERS: Several shareholders of chipmaker Altera Corp , including Cadian Capital Management and TIG Advisors, have urged the company to resume takeover talks with Intel Corp , Bloomberg reported, citing people familiar with the matter.

In letters to Altera's management, shareholders have raised concerns about the company's ability to create value on its own that matches Intel's offer, Bloomberg reported.

Also read: NAB, Oxley to sell stakes in Cambridge Industrial manager to e-Shang Redwood

Read more

To category page