AMD Gets 2 Green Lights for ATI Purchase

Taylor, Colleen
October 2006
Electronic News;10/23/2006, Vol. 52 Issue 43, p7
Trade Publication
The article reports on the approval of a proposal from Advanced Micro Devices Inc. (AMD) to acquire ATI Technologies Inc. by the Canadian Minister of Industry. The shareholders of ATI also approved the $5.6 billion takeover bid of AMD. The merger is expected to benefit Canada and its role in the technology industry according to Hector Ruiz, chairman and CEO of AMD. The proposal still remains subject to court approval of the plan of arrangement and other customary closing conditions.


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