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Trump's Intel deal has already gioven the government a $1.9 billion gain on paper
The government is getting 433.3 million shares of non-voting stock priced at $20.47 apiece — a discount from Friday's closing price at $24.80.
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fortune.com
Trump in talks for government to take 10% stake in Intel: What we know
Commerce Secretary Howard Lutnick told CNBC that the government has no intention of meddling in Intel's business, and will have its hands tied by holding non-voting shares.
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scmp.com
Trump says Intel has agreed to deal for US to take 10% equity stake
The move marks a clear change of direction just weeks after Trump called for CEO Lip-Bu Tan to resign over his ties to Chinese firms.
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theverge.com
US government takes 10 percent stake in Intel in exchange for money it was already on the hook for
Blurring the lines between business and government.
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cnbc.com
Intel stock rises as Trump says chipmaker has agreed to sell stake to government
President Trump said on Friday that the U.S. government is looking to take a 10% stake in struggling chipmaker Intel.
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nytimes.com
Trump Says Intel Has Agreed to Give U.S. a 10% Stake in Its Business
A deal would be among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.
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aljazeera.com
Trump says US to take 10 percent stake in Intel
The extraordinary development follows a meeting between CEO Lip-Bu Tan and Trump after he called for Tan’s removal.
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huffpost.com
Trump Says Intel Agreed To Give U.S. A Stake In Its Company
President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.
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elpais.com
Trump afirma que Intel ha acordado ceder al Gobierno de EE UU una participación del 10% en el capital social
El presidente norteamericano celebra un pacto que, según él, revitalizará a una compañía “que se ha quedado atrás”
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ft.com
US to take 10% stake in troubled chipmaker Intel
Equity investment of $8.9bn marks the Trump administration’s latest corporate intervention
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bbc.com
US government announces 10% stake in chipmaker Intel
President Trump earlier said the company's CEO agreed to the deal in a recent meeting at the White House.
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wired.com
The Trump-Intel Deal Is Official
The $8.9 billion investment gives the US government a roughly 10 percent equity stake in Intel.
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theguardian.com
Trump says Intel has agreed to give US government a 10% stake
Unprecedented deal comes after president demanded CEO Lip-Bu Tan to resign over his ties to Chinese firms
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usatoday.com
Trump says Intel has agreed to give U.S. a 10% stake in the struggling tech company
Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip plants in the U.S.
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upi.com
Intel agrees to give U.S. 10% stake in operations - UPI.com
The United States government will own a 10% share of common stock in U.S. chipmaker Intel in exchange for $11 billion in already-promised federal funding.
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Trump's Intel deal has already gioven the government a $1.9 billion gain on paper
The government is getting 433.3 million shares of non-voting stock priced at $20.47 apiece — a discount from Friday's closing price at $24.80.
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arabnews.com
Trump turns $11.1 billion in US government funds into a 10 percent stake in downtrodden Intel
WASHINGTON: President Donald Trump on Friday announced the US government has secured a 10 percent stake in struggling Silicon Valley pioneer Intel in a deal that was completed…
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Intel says Trump deal has risks for shareholders, international sales
President Donald Trump called the agreement "a great Deal for America" and said the building of advanced chips "is fundamental to the future of our Nation."
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Trump wants more investment deals like Intel’s, worrying business community
The White House announced a near-10 per cent stake in chipmaker Intel on Friday that converts government grants into an equity share.