AMD Forced To Postpone Vote On Abu Dhabi Spinoff

This deal has been spinning on the back burner for years now, but unfortunately for AMD, the whole thing is going to be drawn out just a wee bit longer. If you’ll recall, AMD had struck a number of deals that would essentially enable it to spinoff its manufacturing plants. Agreements had been made that would see Advanced Technology Investment, an Abu Dhabi state-owned venture capital firm, invest $2.1 billion (at least initially) for a 55.6 percent stake in the joint venture; out of that chunk, $700 million

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