It was going to be grants for various programs, but Intel wasn't meeting the requirements for those grants, so they renegotiated to sell stock instead of receiving the grants.
Did they take the money? So they agreed to the extortion terms? Did the stock pump? Did they now say that wasn't a good deal? why did they not let intel go belly up?
Get bailed then sue to not pay back? makes sense!
> alleges that the Trump administration extorted Intel into giving it 9.9% of its common stock, plus warrants for another 5%
Seems more like a shareholder is mad they were extorted. Which is a normal reaction to being extorted.
It literally doesn't cost you anything to open the link.
How did they get bailed?
https://newsroom.intel.com/corporate/intel-and-trump-adminis...
It was going to be grants for various programs, but Intel wasn't meeting the requirements for those grants, so they renegotiated to sell stock instead of receiving the grants.
Did they take the money? So they agreed to the extortion terms? Did the stock pump? Did they now say that wasn't a good deal? why did they not let intel go belly up?