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AMD spin-off gets OK
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Posted
AMD spin-off gets OK
Shareholders' decision on manufacturing operations clears path to chip plant

By LARRY RULISON, Business writer
First published in print: Thursday, February 19, 2009

MALTA — After a week of some doubts, shareholders of Advanced Micro Devices Inc. approved the spin-off of the company's manufacturing operations Wednesday, paving the way for construction of a $4.6 billion computer chip factory here.

AMD needed the OK to create a joint venture with an investment fund owned by the Emirate of Abu Dhabi known as the Advanced Technology Investment Co. The move also includes an infusion of cash from the oil-rich city state that will stabilize AMD's finances.

FULL STORY AT:
http://timesunion.com/AspStori...18&category=BUSINESS
 
Posts: 88 | Registered: November 25, 2003Reply With QuoteReport This Post
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Plans are on file at the Town Hall. The Planning Board is beginning to review them. In addition, there is a Community Response Board that is also reviewing the plans.
NOW is a good time to pay attention again!
 
Posts: 727 | Registered: September 22, 2007Reply With QuoteReport This Post
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