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Old August 19, 2010, 11:04 AM
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Default Intel Acquires McAfee for $7.68 Billion

Chip giant Intel has agreed to purchase anti-virus and security developer McAfee Inc. for $48 /share, roughly $7.68 billion dollar in cash, a sizable improvement over its previous trading price of just around $30/share. The deal is still pending shareholder approval and regulatory clearances, but both companies board of directors have approved the ... [ Read full article ]
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