AMD Announces Adjournment of Special Meeting of Stockholders Until Wednesday, February 18, 2009
AUSTIN, Texas .-AMD [NYSE: AMD] announced today at its Special Meeting of Stockholders at the Hilton Austin Airport, 9515 Hotel Drive in Austin, Texas that the Special Meeting of Stockholders has been adjourned until 10:00 a.m., Central Standard Time, on Wednesday, February 18, 2009 at the Hilton Austin Airport, 9515 Hotel Drive in Austin, Texas. At that meeting, a stockholder vote to approve the issuance of AMD shares and warrants pursuant to the Master Transaction Agreement will take place.
The meeting is being adjourned to provide AMD with additional time to solicit proxies from its stockholders to establish the requisite quorum for the conduct of business at the Special Meeting of Stockholders. A majority of AMD’s shares that were outstanding at the close of business on January 15, 2009 need to be present at the meeting, either in person or by proxy, to establish a quorum. As of February 10, approximately 42% of those shares have been voted, with approximately 97% of votes cast in favor of issuing the additional shares and warrants.
The Special Meeting of Stockholders will be webcast at http://www.amd.com/us-en/Corporate/InvestorRelations/0,,51_306_15888,00.html.
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