|19-02-2009, 08:50 AM||#1|
Join Date: May 19 2008
[Techpowerup.com] (PR) AMD Stockholders Approve New Semiconductor Manufacturing Company
AMD today announced that its stockholders approved a proposal to issue common stock and warrants to an affiliate of Mubadala Development Company PJSC, paving the way for AMD and the Advanced Technology Investment Company of Abu Dhabi to create "The Foundry Company".
With the stockholder approval received today, all closing conditions for the creation of "The Foundry Company" manufacturing joint venture have been met, and the transaction is expected to close by March 2, 2009.
AMD stockholders approved a proposal to issue 58 million shares of the company's common stock and warrants to purchase 35 million shares of its common stock and 35 million shares of the company's common stock upon exercise of those warrants to an affiliate of the Mubadala Development Company PJSC, on the terms described in the proxy statement related to the Special Meeting of Stockholders that was held today in Austin, Texas.
|amd, approve, company, manufacturing, semiconductor, stockholders, techpowerupcom|
|Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)|
|Similar Threads for: [Techpowerup.com] (PR) AMD Stockholders Approve New Semiconductor Manufacturing Company|
|Thread||Thread Starter||Forum||Replies||Last Post|
|[Techpowerup.com] AMD Releases Catalyst 10.4 Preview, Fixes Bad Company 2 Issue for Radeon HD5000 Users||News||Reviews & News Online||0||16-04-2010 02:40 AM|
|[Techpowerup.com] (PR) AMD Unveils New AMD Business Class Technology for Desktops||News||Reviews & News Online||0||16-09-2009 12:50 PM|
|[Techpowerup.com] (PR) AMD Closes “Asset Smart” Transaction, Form Global Semiconductor Company with ATIC||News||Reviews & News Online||0||03-03-2009 06:51 PM|
|[Techpowerup.com] AMD 32 nm CPU Conquest to Begin in 2010||News||Reviews & News Online||0||02-03-2009 08:40 AM|
|[Techpowerup.com] Bloodbath for AMD at the Stock-Markets, Company Struggles to Surviv||News||Reviews & News Online||0||13-07-2008 01:20 AM|
All times are GMT +11. The time now is 07:15 AM.