Report says Intel, Altera deal near


BLOOMBERG: A deal once believed to be off the table, is now believe to be done for about $15 billion.

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BLOOMBERG: A deal once believed to be off the table, is now believe to be done for about $15 billion.

Intel, the world’s largest chipmaker, has been looking for growth beyond the struggling personal-computer market. The price could be as high as $54 a share, the New York Post said, citing an unidentified person with knowledge of the talks.

“A deal is likely by the end of next week,” the source told the newspaper.

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