Intel shareholder sues to void deal giving U.S. gov $11B in stock for free11dde6u99er about 4 hours ago 3 commentsRead Article on papers.ssrn.com ZH version is available. Content is displayed in original English for accuracy.
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It was going to be grants for various programs, but Intel wasn't meeting the requirements for those grants, so they renegotiated to sell stock instead of receiving the grants.