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Intel's US$20B equity raise puts Lip-Bu Tan's turnaround strategy to the test

, DIGITIMES, Taipei
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Credit: AFP

Intel has priced the largest equity raise in its history, selling 210,526,315 shares of common stock at US$95 per share to raise roughly US$19.67 billion in net proceeds, according to a prospectus supplement filed with the US Securities and Exchange...

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