Intel
Intel Signals End of "Survival Mode" with $14.2 Billion Repurchase of Ireland Fab Interest
LEIXLIP, IRELAND — In a move that market analysts are calling a "declaration of financial independence," Intel Corporation (NASDAQ: INTC) announced today its definitive agreement to repurchase the 49% equity interest in its Ireland Fab 34 joint venture from Apollo Global Management (NYSE: APO) for approximately $14.2 billion.