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Silver Lake and Bain Capital are preparing to bid for a minority stake in Altera, a subsidiary of intel.
Sources familiar with the matter said that institutions including Silver Lake and Bain Capital are preparing to bid for a minority stake in Intel's Altera. Intel recently initiated the sale of Altera's equity and may receive initial quotes from potential buyers in the coming weeks. One insider told Reuters that Francisco Partners may also be one of the bidders.
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