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Official Press Release: AMD & ATI Merger - A Processing Powerhouse
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Official Press Release: AMD & ATI Merger - A Processing Powerhouse
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24th July 2006, 11:09
| #1 |
| Madshrimp  Join Date: May 2002 Location: 7090/Belgium
Posts: 82,497
 | Official Press Release: AMD & ATI Merger - A Processing Powerhouse On July 24, 2006, AMD and ATI announced a plan to join forces, in a transaction that will combine AMD’s technology leadership in microprocessors with ATI’s strengths in graphics, chipsets and consumer electronics. The result is a processing powerhouse: a new competitor, better equipped to drive growth, innovation and choice for its customers in commercial and mobile computing segments and in rapidly-growing consumer electronics segments. The transaction, valued at US $5.4 billion, is expected to close in Q4 2006 subject to approval by ATI shareholders, court approval, regulatory approvals and other customary closing conditions.
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24th July 2006, 13:07
| #2 |
| [M] Reviewer  Join Date: Mar 2004
Posts: 16,730
 |  I bet ATI stock will hit >$20 today from $16 last Friday.
__________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II |
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24th July 2006, 13:30
| #3 |
| Madshrimp Join Date: May 2002 Location: 7090/Belgium
Posts: 82,497
| I "bought" 10 stocks from each company in May, look at their current value (powered by finance.google.com)
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24th July 2006, 13:43
| #4 |
| Forum Member  Join Date: Nov 2004 Location: Cincinnati OH
Posts: 186
| Ouch $197 thats gotta hurt.
__________________ The clock of life is wound but once, And no man has the power To tell just when the hands will stop. |
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24th July 2006, 14:47
| #5 |
| Madshrimp Join Date: May 2002 Location: 7090/Belgium
Posts: 82,497
| do notice that I say "bought" 
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