I thought I would join the forum with this.
As the AMD/ATI deal is not official for a few months. Intel may do a hostile takeover of ATI at $23 a share. AMD's price was $20.47. I think this is funny if its true.
Jul 25, 2006 (JAGfn.com via COMTEX) -- (ATYT) (INTC) (AMD) Rumor that ATI TECHNOLOGIES INC (ATYT) will get a $23 bid from (INTC) over current (AMD) bid.
From Fidelity.
http://eresearch.fidelity.com/erese...=NEWS.CBSMW.81585B6240384B068769.3EC55BFF2305
FORBES quotes an RBC analyst saying there is "little upside" to ATI's share price unless there are competing bids. (ie: Intel)
http://www.forbes.com/markets/bonds/2006/07/25/ati-amd-0725markets11.html
As the AMD/ATI deal is not official for a few months. Intel may do a hostile takeover of ATI at $23 a share. AMD's price was $20.47. I think this is funny if its true.
Jul 25, 2006 (JAGfn.com via COMTEX) -- (ATYT) (INTC) (AMD) Rumor that ATI TECHNOLOGIES INC (ATYT) will get a $23 bid from (INTC) over current (AMD) bid.
From Fidelity.
http://eresearch.fidelity.com/erese...=NEWS.CBSMW.81585B6240384B068769.3EC55BFF2305
FORBES quotes an RBC analyst saying there is "little upside" to ATI's share price unless there are competing bids. (ie: Intel)
http://www.forbes.com/markets/bonds/2006/07/25/ati-amd-0725markets11.html