I don't disagree with anything you said (though perhaps I should do some research to confirm the parts I'm unsure of), but my interest in the story was for humor (and Slashdot failed again) and the specific puppeteer who told the YOB this was a good idea. The YOB just signs stuff that is put in front of him, sometimes with a brief mumble about the part he thinks he understands.
I actually think this deal is a kind of forced fire sale, so the highest probability for a real motivation was to get some of Intel's assets on the cheap. On that side, the most likely author would be a vulture capitalist of some stripe. However the way things work in YOB-world, it might be some kind of vengeance thing. But in either case there must be someone who wrote whatever the YOB signed.