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News

Intel Recommends Stockholders To Reject Tutanota's 'Mini-Tender Offer' To Purchase Up To 1M Shares At $34 Per Share

Author: Benzinga Newsdesk | August 15, 2024 04:36pm

Unless this condition is waived by Tutanota, Intel stockholders who tender their shares in the offer will receive a below-market price. Tutanota can extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration date of Wednesday, Sept. 4, 2024.

Posted In: INTC

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