Aug 22 (Reuters) - Intel Corp INTC.O:
INTEL - U.S. GOVERNMENT TO MAKE $8.9 BILLION INVESTMENT IN INTEL COMMON STOCK
INTEL: UNDER TERMS OF AGREEMENT, UNITED STATES GOVERNMENT WILL MAKE AN $8.9 BILLION INVESTMENT IN INTEL COMMON STOCK
INTEL - US GOVERNMENT AGREES TO BUY 433.3 MILLION PRIMARY SHARES OF COMMON STOCK AT A PRICE OF $20.47 PER SHARE, EQUIVALENT TO A 9.9 PERCENT STAKE IN CO
INTEL: CURRENTLY UNDERTAKING A SIGNIFICANT EXPANSION OF DOMESTIC CHIPMAKING CAPACITY, INVESTING MORE THAN $100 BILLION TO EXPAND ITS U.S. SITES
INTEL-US GOVERNMENT TO GET 5-YEAR WARRANT, AT $20/SHARE FOR ADDITIONAL 5% OF COMMON SHARES, EXERCISABLE IF CO CEASES TO OWN AT LEAST 51% OF FOUNDRY BUSINESS
INTEL - U.S. GOVERNMENT TO MAKE $8.9 BILLION INVESTMENT IN INTEL COMMON STOCK
Source text: ID:nBw9TLFra
Further company coverage: INTC.O
((Reuters.Briefs@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.