Connect with us

    Hi, what are you looking for?

    Videos

    $5.4B deal between Intel and Tower called off due to regulator disapproval

    Intel (INTC) is ending its $5.4 billion deal to buy Tower Semiconductor (TSEM) after failing to get Chinese regulatory approval. As part of the deal’s termination, Intel will pay Tower a $353 million fee. Yahoo Finance’s Brad Smith and Diane King Hall break down the story.

    Subscribe to Yahoo Finance:

    About Yahoo Finance:
    At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

    Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
    To learn more about Yahoo Finance Plus please visit:

    Connect with Yahoo Finance:
    Get the latest news:
    Find Yahoo Finance on Facebook:
    Follow Yahoo Finance on Twitter:
    Follow Yahoo Finance on Instagram:
    Follow Yahoo Finance Premium on Twitter:

    You May Also Like

    Stocks

    As gasoline and vitality prices improve world wide and particularly in the US, the pursuit for renewable vitality sources has change into much more...

    Stocks

    Kellogg, one of many largest suppliers of packaged meals in the US and the world, has maintained a usually consolidated management of all of...

    Stocks

    As fears of inflation are affecting your entire United States financial system, one sector that’s taking over the brunt of the injury is the...

    Stocks

    Again in April, Tesla and SpaceX CEO Elon Musk made main waves when he introduced his intent to buy the social media platform Twitter...