Deals
AMD Says It Isn’t Actively Pursuing a Sale of the Company
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Advanced Micro Devices Inc., the second-largest maker of personal-computer processors, said it isn’t actively pursuing a sale of the company or a significant sale of assets.
“AMD’s board and management believe that the strategy the company is currently pursuing to drive long-term growth by leveraging AMD’s highly differentiated technology assets is the right approach to enhance shareholder value,” Drew Prairie, a spokesman for AMD, said in an e-mailed statement yesterday.