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Maroc Maroc - THEDEEPDIVE.CA - A La Une - 30/Aug 21:11

Government Becomes Intel’s Largest Shareholder in $8.9B Deal

The Trump administration announced it will take a nearly 10% stake in Intel Corp. (Nasdaq: INTC) worth $8.9 billion, converting previously awarded grants into equity ownership as part of a broader plan to establish a US sovereign wealth fund. The deal makes the federal government Intel’s largest single shareholder and represents what White House economic […] The post Government Becomes Intel’s Largest Shareholder in $8.9B Deal appeared first on the deep dive.

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