Intel working with bankers to present board with strategic options
The advisors are likely to present their findings to Intel's full board in September, with a variety of options including M&A on the table.
Intel executives are working with multiple advisors to formulate options to address its flagging business, according to a person with knowledge of the matter.
Those advisors, which include Morgan Stanley and other bankers, will likely present Intel's directors with options at an upcoming board meeting in September, said the person, who requested anonymity to discuss confidential matters. The advisors are considering a full range of options, including splitting off and selling businesses, the person said.