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Intel, Altera resume deal talks: Reports

May 19, 2015    

Chipmakers Intel Corp and Altera Corp have resumed talks on a possible deal that could top $13 billion, the New York Post reported. Earlier discussions on a deal fell through as the companies were unable to agree on a price, Reuters reported in April.Altera's shares jumped 7 percent to $47.50 in premarket trading on Monday, while Intel's shares were up slightly at $33.15.One way or the other, an outcome is expected in a few weeks, the newspaper said, citing a person familiar with the matter.Intel and Altera could not immediately be reached for comment.Deal talks between the two companies first...

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