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To: Yaacov who wrote (52016)4/3/1998 11:27:00 PM
From: Paul Engel   of 186894
 
Yaacov - Re: "Seimann-Nixdorf is seceretley negotiating with buy AMD for a merger or to buy the comapny! "

I haven't a clue if there is any truth to that story.

However, Siemens - parent company of Siemens-Nixdorf - and AMD have had a long relationship together.

In the late 1977, a subsidiary of Siemens bought 500,000 shares of AMD - about 17.5% of the outstanding shares at that time. In 1978, AMD sold that subsidiary of Siemens another 750,000 shares (following a 2 for 1 stock split) for total of about 35% of the outstanding shares.

A Dr. Friedrich Baur of Siemens has been on the AMD board of directors since at least 1978.

I recall that Siemens sold off their AMD shares during the late 1980s or early 1990s.

Thus, there is a long history of AMD and Siemens financial cooperation.

Paul
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