Description: Intel has announced that it plans to list Mobileye, the Israeli autonomous driving firm it acquired for $15.3 billion in 2017, as part of an effort to branch out into new markets.
Source: CNBC.com – video report
Date: Dec 07, 2021
Questions for discussion:
- Why didn’t Intel stock rise before the announced IPO spinoff of Mobileye?
- What does this say to financial managers looking for ways to increase investor’s equity?