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JPMorgan Picked to Lead Underwriting on $2B Altera IPO

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The Story

News Summary

  • Intel and Silver Lake-backed chipmaker Altera is preparing for an IPO that could raise over $2 billion later this year.
  • JPMorgan, Barclays, Citi, and Morgan Stanley have reportedly been tapped as underwriters, with a confidential filing expected in the coming weeks.
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JPM price history

356.23 +21.24% over the displayed period

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