Weeks after the merger talks collapsed, Intel and Altera are talking merger again after Altera got a kick in the rear from some major shareholders.

The New York Post, citing a source with “direct knowledge of the talks,” says that a deal could be reached within “few weeks.” Reuters, doing its own work, said Intel had initially offered $58 per share but brought that amount down to $54 per share once it had a closer look at “non-public information, including [Altera’s] outlook.”

That’s a pretty big premium over Altera’s $46 share price as of Wednesday and $34 share price prior to the merger rumors. Altera rejected Intel’s prior offer of $54 per share offer.

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