Intel further extends Mobileye offer to mop up outstanding stock

Computer chip maker Intel Corp has further extended its offer to buy out remaining shareholders of Mobileye NV after securing 84 percent of the acquisition target's shares, the two companies said on Tuesday.Intel and Mobileye said they had begun a follow-up offering period which is scheduled to expire at 11:59 PM New York time on Aug. 21, or 0359 GMT on Aug. 22.This could be extended by five business days or more to maximise the number of minority shareholders who accept the offer.