Tuesday, 29 December 2020

Intel Says Prepared to Work With Third Point Hedge Fund on Business Focus

Intel’s shares rose sharply Tuesday after the computer chip giant said it was prepared to work with a hedge fund on changes to its business to boost shareholder value. The market action came after Intel acknowledged receiving a letter from Third Point, led by activist investor Daniel Loeb. Intel rose 4.9 percent to close at […]

source https://flizzyy.com/intel-says-prepared-to-work-with-third-point-hedge-fund-on-business-focus/

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