(Reuters) - Intel also expects the deal to decrease revenue and cost of sales in the fourth quarter, but it did not give a specific estimate in a regulatory filing with the U.S. Securities and Exchange Commission on Tuesday.
"Assuming this transaction closes late in the third quarter or early in the fourth quarter of 2007, Intel expects that fourth quarter 2007 revenue and cost of sales will decrease and gross margin percent should improve slightly while direct spending decreases slightly, but still within the full year forecast previously provided," said Intel's filing.
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"Assuming this transaction closes late in the third quarter or early in the fourth quarter of 2007, Intel expects that fourth quarter 2007 revenue and cost of sales will decrease and gross margin percent should improve slightly while direct spending decreases slightly, but still within the full year forecast previously provided," said Intel's filing.
Read more at Reuters.com Bonds News
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