U.S. Government Buys 10% Stake in Intel for $8.9 Billion
17:47
Intel has agreed to sell a 10 percent stake, worth $8.9 billion, to the U.S. government in one of the largest state interventions in the private sector since the 2008 auto industry bailout.
The deal was announced by President Donald Trump, who said the agreement was reached during talks with Intel CEO Lip-Bu Tan.
This article is for subscribers
Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.
SubscribeOr try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.
