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  • AMD buying ATI for $5.4 billion After months of speculation, including a period when it looked like the supposed deal was surely dead, AMD has now officially announced plans to buy graphics giant ATI for $5.4 billion. The sale, which is scheduled to be completed in the fourth quarter pending shareholder, regulatory, and court approval, will result in AMD paying $20.47 (in a mix of cash and stock) for each share of ATI. As you might expect, the news sent ATI's stock price skyrocketing, while sha…