Chip maker Advanced Micro Devices said a U.S. court has granted its motion to have third parties preserve relevant evidence related to its antitrust lawsuit against its bigger rival Intel.

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Chip maker Advanced Micro Devices said a U.S. court has granted its motion to have third parties preserve relevant evidence related to its antitrust lawsuit against its bigger rival Intel.




Advanced Micro filed an antitrust suit last week against Intel, claiming it used various methods from threats to kickbacks to coerce companies into buying its chips instead of those from Advanced Micro.




In a statement late Sunday, Advanced Micro said its motion requesting document preservation was granted by the U.S. District Court of Delaware shortly after it was filed Friday.




The motion sought a judicial order permitting Advanced Micro to move forward to preserve relevant evidence possessed by specified third parties. Its lawyers will now engage in discussions with about 30 third parties, the statement said.




Mohawk Industries




Firm to buy maker of laminate flooring




Carpet and flooring company Mohawk Industries said yesterday that it would pay $2.6 billion for Unilin Holding, a leading maker of laminate flooring based in Belgium.




After the 2002 purchase of Dal-Tile, which made Calhoun, Ga.-based Mohawk the top U.S. company in ceramic flooring, the acquisition of Unilin represents “the second major step in diversifying into a total flooring company,” Mohawk Chairman and CEO Jeffrey Lorberbaum said in a statement yesterday.



Allied Domecq



Stockholders OK takeover proposal




Allied Domecq shareholders voted yesterday to accept a 10.7 billion euro ($13 billion) takeover proposal from French rival Pernod Ricard, paving the way for one of the world’s biggest deals in the spirits sector.




Meeting in London, shareholders of Allied Domecq, the distributor of Beefeater gin and Stolichnaya vodka, voted 99.8 percent in favor of the plan that will launch the takeover. Their approval follows a vote by Pernod Ricard shareholders last week that gave the go-ahead to a plan to issue 2 billion euros ($2.4 billion) in new shares to help finance the deal.




The merged company will be the world’s second-largest liquor business, and analysts expect it to pose a more serious challenge to No. 1 Diageo, whose brands include Guinness stout and Johnnie Walker scotch.




Compiled from Reuters and The Associated Press