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Reuters reveals hedge fund Third Point urges Intel to explore deal options; market reacts

Business & Finance

Reuters broke the news that activist hedge fund Third Point LLC was pushing the company to explore strategic alternatives, including whether it should keep chip design and production under one roof.

Market Impact

Intel Corp shares rose as much as 9% after the news was broken.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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