ATI a takeover target?

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ATI a takeover target?

A mini-rally in ATI Technologies shares has sparked speculation the computer graphics chip maker could be a takeover candidate. In a research report, Andrew Lee, an analyst with TD Securities, said the potential suitors include Broadcom, Advanced Micro Devices, Intel and Texas Instruments Mr. Lee said takeover rumours surfaced last month after ATI issued its third-quarter results and provided “weak” fourth-quarter guidance.

Read the complete story. (Canada.com)