Mobileye Founders Passed Insider Info on Intel Deal
Could the deal of the lifetime for Mobileye’s founders cost them a criminal indictment for insider trading?
Could the deal of the lifetime for Mobileye’s founders cost them a criminal indictment for insider trading?
NEW YORK – Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be acquired by Intel Corp for $15.3 billion.
Computer chip giant Intel is purchasing Israeli company Mobileye for between $14 billion and $15 billion in Israel’s largest high-tech deal ever.