Is Tower deal dead?
16 replies (most recent on top)
It's over, boys.
https://www.reuters.com/technology/intel-walk-away-54-bln-acquisition-tower-semiconductor-sources-2023-08-16/
Tower gets $353 million compensation for pullout.
dateline will get push out again
Tower's Callin' Europe at https://www.youtube.com/watch?v=pTh2LUNmf9Q
More recent here:
https://en.globes.co.il/en/article-market-prices-high-chance-of-intel-tower-deal-collapsing-1001454649
A good primer on the Tower story and Chinese dancing around it:
https://en.globes.co.il/en/article-chinese-regulator-delaying-intel-tower-deal-1001445123
Tower cannot save Intel. I think you need to get a clue. Do you not know what happens to acquisitions made by Intel?
Intel flailing around would be hilarious if it weren’t tragic for the jobs and families impacted.
Take a bow leaders!
Tower is a critical acquisition that has to go through in order for IFS to succeed.
If this fails, IFS went from mission improbable to mission impossible.
In case you mo--ns need a clue…
If IFS fails, Intel will fail.
Negative cash flows cannot be sustained forever.
https://fagenwasanni.com/news/intels-acquisition-of-tower-semiconductor-faces-uncertainty-as-deadline-approaches/171649/
Oh please. Intel has bought and sold more companies that anyone can list. What is one more or less.
Unsurprisingly, there are a ton of clueless people at Intel.
I work there don't know what "tower" is
How can you work at Intel and not know about the tower deal?
Wake up and pay attention.
Nominal deadline is August 15th.
What is tower deal?