Mobileye (MBLY) dances 15.5 % on Intel Corp.

Mobileye Global Inc. (NASDAQ: MBLE) is one of The stocks sank severely. Do you hold any?

Mobileye Global fell 15.5 percent a week, as investors have turned on the behavior of Intel Corp by $ 900 million in the company, as the latter begins the initiative to restructure companies to re -profit.

In a statement, Mobileye Global Inc. said. (NASDAQ: MBLE) Intel Corp, it plans to sell 50 million MBly Arsing Shoner at $ 16.5 per $ 825 million. Its insurance companies have given an option to buy an additional 7.5 million shares, bringing the total $ 123.75 million.

If entirely subscribed, the transaction will reach a total of 948.75 million dollars.

Mean -Corbal Inc. said Mobileye Global Inc. (NASDAQ: MBLE) it will buy more than 6.2 million shares upon completion of the sale of shares at a price equal to the purchase price that must be paid by libraries in the offer.

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In addition, Intel expressed its intention to convert 50 million from the shared MBLY shares to the shared shares, which she said would keep at this time.

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Detection: Nothing. This article was originally published in A monkey from the inside.