Intel Corporation (NASDAQ: INTC) to buy McAfee, Inc. (NYSE: MFE), Microsoft Corporation (NASDAQ: MSFT) falls

Intel buys McAfee for $ 7.68 billion

In brief: Intel Corporation (NASDAQ: INTC) and Microsoft Corporation (NASDAQ: MSFT) falling in price, like McAfee, Inc. (NYSE: MFE) shares are gaining 58.07% today.

Intel Corporation has agreed to buy antivirus software maker McAfee, Inc. (NYSE: MFE) for $ 7.68 billion by cash. Thus, Intel will pay $ 48 for each paper McAfee. The bulls are going to buy McAfee shares.

McAfee, Inc. (NYSE: MFE) was 29.93 points yesterday. Today’s Pre-market brought McAfee shares +17.38 (58.07%). The company has risen to 47.31 points. Intel Corporation (NASDAQ: INTC) finished trading at about a mark of 19.59 points yesterday. Pre-market remains negative for Intel shares: 19.15 points (-2.25%). Analysts believe the deal successful. At the same time, Microsoft Corporation (NASDAQ: MSFT) traded during a Pre-market of about 24.65 points losing -0.17 (-0.68%).

Igor Tringlers
2010-08-19 13:10, Economics.

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2 comments к “Intel Corporation (NASDAQ: INTC) to buy McAfee, Inc. (NYSE: MFE), Microsoft Corporation (NASDAQ: MSFT) falls”

  1. Daniel Says:

    I only recently started reading about stocks and I was just wondering about these two questions so it’ll be nice if someone can help me out

    1) If a large company(Intel) buys another company(McAfee) why does McAfee’s stock increase, but not Intel’s?

    2) and if McAfee’s stock increases, is it too late to join the buying frenzy? or is it best not to buy the stock?

  2. eng-admin Says:

    Greetings, Daniel.

    1. Usual pattern during the process of merge and acquisition consist of lowering the price of shares, associated with larger company and higher price for smaller company. It is the rule almost without exceptions.
    2. Yes, I think it’s too late.

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