AMD acquires Nvidia in a stock maneuver

[Karumu]

as stated above 

 

 

 

In what is either the best thing or the worst thing (depending on your view point) AMD just stated in a Press Conference that it has indeed acquired Nvidia in a brilliant Reverse Takeover Maneuver. Details are sketchy but apparently AMD pulled its stocks from NYSE and went private. This allowed Nvidia to aquire AMD hassle free, after which AMD’s top brass reasserted themselves in control. Basically Even though technically AMD acquired Nvidia, this is more or less a very very fancy merger.

 

source: http://wccftech.com/amd-private-aquires-nvidia-reverse-takeover-releasing-ipo/

 

 

 

 

 

obvious april 1st troll is obvious

[Osmium]

Come on people don't make it too obvious

[qwertywarrior]

i know its april first but this is just easy to spot

 

going private needs a LONG time

[Karumu]

i know its april first but this is just easy to spot

 

going private needs a LONG time

yeah, this would be every post on this forum for about 3 months

[Marquee]

you would think a site like wccf would at least by now know how to make a story that people would believe. AMD stock is worth $4 while Nvidia stock is worth $18 and some how they buy them out. LOL

 

This is not even an April fools joke, seems like wccf is the fool.

[acidydragon]

People need to stop with the April Fools jokes...

[sabot]

OMG REALLY ?????!??!?!?!?!?!?!

[Gunzkewl]

Please don't spam the forums with April fools jokes..

[felixbearpig]

Lol good try

[jezza39]

you would think a site like wccf would at least by now know how to make a story that people would believe. AMD stock is worth $4 while Nvidia stock is worth $18 and some how they buy them out. LOL

 

This is not even an April fools joke, seems like wccf is the fool.

 

It honestly sounds like the usual, completely wrong crap wccftech dishes up. I wish there was a rule preventing anyone from posting their crap

[GoodBytes]

Sorry doesn't work.

Companies usually implements Poison Pill in their stock to avoid by-outs.

http://en.wikipedia.org/wiki/Shareholder_rights_plan

Essentially you say, that after a certain amount of share, buying more share will cost you a huge amount of money making it nearly impossible to purchase the company.

That is not to mention that that you have the top executive (and founders) of company having control of the company.