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Sources: banks are providing Silver Lake $2B in debt for its 51% acquisition of Altera; Intel will receive ~$3.4B in cash from Silver Lake as part of the deal (Bloomberg)

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Bloomberg:
Sources: banks are providing Silver Lake $2B in debt for its 51% acquisition of Altera; Intel will receive ~$3.4B in cash from Silver Lake as part of the deal — Representatives for Silver Lake, Barclays, Citigroup, Deutsche Bank and KKR declined to comment.

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