UPDATE 3-Intel, Altera end talks on takeover over price disagreement -source

April 9, 2015 5:49 PM

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April 9 (Reuters) - Discussions over a takeover by Intel Corp of smaller chip maker Altera Corp have ended as the companies were unable to agree on price, a person familiar with the matter said, but Altera shares rose, suggesting it is still a potential target.

Altera's shares surged 4 percent at $43.75 in afternoon trading on Nasdaq after earlier falling as much as 8 percent. Intel shares were up slightly at $31.44 after falling earlier in the day.

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