POET Technologies Inc.

ntel signed a standstill agreement earlier this year with Altera that expires on June 1, Reuters reports, after which Intel (NASDAQ:INTC) could launch a hostile bid. Sources state it's "unclear" whether Intel would make such a move (through a public tender offer) once the standstill expires. Reuters adds that Intel discussed a $58/share bid for Altera (NASDAQ:ALTR) in February, but lowered its offer after signing an NDA and poring through Altera's books. Bloomberg previously reported a $54/share offer. ALTR +4.5% premarket