AMD, ATIC and GLOBALFOUNDRIES Amend and Restate Shareholders' and Funding Agreements
SUNNYVALE, CA--(Marketwire - December 27, 2010) - AMD (
The transition to cost-based accounting was triggered by the contribution by ATIC International Investment Company LLC to GLOBALFOUNDRIES of all the outstanding ordinary shares of a private company formerly known as Chartered Semiconductor Manufacturing Ltd. effective as of December 27, 2010, in exchange for newly issued shares in GLOBALFOUNDRIES, as well as amendments to certain agreements among the parties.
The following agreements were amended:
A summary of the material changes to these agreements is included in AMD's Form 8-K filed today with the SEC.
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