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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: P.Prazeres who wrote (120389)7/16/2000 11:09:11 PM
From: Paul Engel  Read Replies (2) | Respond to of 1584898
 
PP - Re: "2. A cash tender offer for 10% of their outstanding shares at $135/share. In a sense doing a buy-out of 10% of the comapny at $135."

This would take at LEAST $1.9 BILLION - $135 x .1 x 140,000,000.

AMD is already going to redeem $400,000,000 in debt - which would bring the total to $2.3 BILLION.

Just where is AMD going to get ALL this cash - by raiding Intel's piggy bank?

Paul


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