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Intel's New Stock Offering Sees Approximately 33% of Subscription Orders Unfilled

Aug 11, 22:43

August 11th, according to Bloomberg, approximately 33% of the orders in Intel's new stock offering were left unfilled, as reported by sources familiar with the matter.

Earlier reports indicated that Intel announced an expansion and pricing of a $20 billion common stock issuance, with the company set to issue 210,526,315 shares at a price of $95 per share.