SoftBank (SFTBY) founder Masayoshi Son held discussions with Intel’s (INTC) CEO about buying its chipmaking business weeks before the announcement that SoftBank would invest $2B in Intel’s shares, David Keohane, Leo Lewis, Michael Acton, Stephen Morris, and Joe Miller of The Financial Times report. The talks were originally wide-ranging and could have led to multiple outcomes, people with knowledge of the discussions told Reuters. Two sources note that the announcement of SoftBank’s investment did not prevent a larger deal over Intel’s foundry business.
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