"Perhaps the pool of money is limitted for these kind of offerings."
Then why didn't AMD delay the offering?
Answer: Don't know.
Guess: They still may delay, but I doubt it. AMD may think that any price is a good price to get rid of Spansion. Also, maybe AMD did not envision Intel or other offerings coming online at the same time. BIDU, for example announced unlocking of shares a few days ago.
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