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Intel to buy McAfee in 7.68 dollar billion deal

Published on August 19, 2010 By admin

Chip maker Intel says it has agreed to buy computer-security software maker McAfee Inc for $7.68 billion, or $48 per share. The per-share price represents a 60 percent premium over McAfee’s Wednesday close of $29.93. Shares surged 58 percent after the deal was announced Thursday to hit $47.42. Intel Corp, which is based in Santa […]