Government Stakes and Market Dynamics

The U.S. government is officially taking a 10% stake in chipmaker Intel. National Economic Council Director Kevin Hassett discusses the terms of the deal and hints that more transactions may be on the administration’s agenda. In other transaction news, Keurig Dr Pepper has agreed to acquire JDE Peet’s for $18 billion. Plus, sports entrepreneur Mark Ein is part owner of the Washington Commanders and owner of the DC Open, a tennis tournament in Washington. After the first matches of the US Open in New York, Ein discusses the evolution of the players on and off the court, and highlights the opportunity that the US Open “experience” model offers to other sports. 

Kevin Hassett - 19:50

Mark Ein - 34:48

In this episode:

Mark Ein, @Markein

Leslie Picker, @LesliePicker

Wilfred Frost, @WilfredFrost

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie