Reported 15 days ago
Analyst Stacy Rasgon discussed the difficulties of Qualcomm successfully acquiring Intel, particularly due to Intel's significant financial losses and the complexities involved with its semiconductor fabrication facilities. Rasgon expressed doubts about the feasibility of structuring a deal that effectively incorporates these fabs without incurring high levels of debt or dilution of Qualcomm's stock. He also highlighted Apollo Global Management's interest in investing in Intel as a positive sign for the company amidst these rumors.
Source: YAHOO