Intel $23 billion follow-on offering
The offering is the largest U.S. common stock follow-on in history
Davis Polk advised the representatives of the underwriters in connection with the approximately $23 billion follow-on offering of 242,105,262 shares of common stock of Intel Corporation. Intel’s common stock is listed on the Nasdaq Global Select Market under the symbol “INTC.”
Intel is a global integrated device manufacturer of CPUs and related solutions that it designs, develops, manufactures, markets, sells, supports and services.
The Davis Polk corporate team included partner Emily Roberts and associates Paula Gergen and Ashley Jaworoski. Partners Lucy W. Farr and Aliza Slansky and associates Bradford Sherman and Summer Elbardissy provided tax advice. Partner David R. Bauer and associate Bari Britvan provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.