If I understand it correctly, Intel would lose their patent cross licensing with AMD upon a "a Change of Control", significantly reducing its value. However, there are exceptions to that that are redacted from the public license.
Hostile takeover isn’t a change of ownership. It’s the same company just taken private by someone like Bain and capital…. Likely then gutted for max profitability.
Change of Control and Change of Ownership are two different things if you take the hint.