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Intel faces investor backlash for selling 10% stake to Trump admin at discount (arstechnica.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 2 points 1 year ago (2 children)

Is the 10% new shares issued specifically for the government? I understood they were existing shares so dilution would not apply here.

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  • [–] 2 points 1 year ago (1 child)

    New shares issued at a discount price. So a bit of a double punch for the existing share holders.

    Still, you're highlighting of the price going up is a good point, and maybe all my food-for-thought ramblings mean nothing. I guess we'll see.

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  • [–] 2 points 1 year ago

    Your points are valid, the discount price is questionable. This is not my area of expertise, I only wanted to question if the headline was reactionary or if I missed something.

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