Deals wrap: Intel’s big bet
Chip maker Intel said it would buy security technology firm McAfee for $7.68 billion. “I think people were probably (expecting) some smaller acquisitions from Intel. It’s definitely — even by Intel’s standards — a pretty big acquisition for them,” said Vijay Rakesh, an analyst at Sterne Agee. *View article *View reaction from analysts and investors
GM declared plans for an IPO. For a breakdown of the U.S. government’s stake in the automaker, click here. Investors shouldn’t get too caught up in the IPO hype, writes Reuters columnist Antony Currie. The WSJ looks at some surprise risks gleaned from the IPO filings. The NYT follows the car maker’s progress over the past 100 years in this timeline.
Online gambling firms Sportingbet and 888 must strike deals to protect themselves from prosecution in the United States if they are to emerge as credible takeover candidates as the industry consolidates. *View article
The NYT’s takes a look at two small deals this week and how they represent a change in deal-making. *View NYT article