Intel Turns to Advisors Including Morgan Stanley to Defend Against Activist Investors
Intel Turns to Advisors
Intel, a leading semiconductor company, is reportedly working with advisors including those from Morgan Stanley to assist in defending against activist investors. This move comes as the company's stock value has declined significantly this year.
With a stock performance that is down nearly 60%, Intel is preparing to resist pressure from activist investors. These investors often seek to make changes within a company, such as altering the board of directors or implementing new strategies.
External Support
Intel has enlisted the help of Qatalyst Partners, an investment bank established by Frank Quattrone, to assist in its defense strategy. Qatalyst Partners has a reputation for advising companies in complex situations, including defending against activist investors.
Additionally, Intel has received support from other advisors, including Morgan Stanley, a multinational investment bank and financial services company. Morgan Stanley provides a wide range of services, including mergers and acquisitions advisory, equity and debt underwriting, and wealth management.
Next Steps
As Intel navigates this situation, it remains to be seen how the company will respond to the demands of activist investors. The outcome of this situation will likely have a significant impact on Intel's future direction and strategy.
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