I have the same issue in Ubuntu 14.04

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https://bugs.launchpad.net/bugs/1742323

Title:
  Meltdown Update Kernel doesnt boot

Status in linux package in Ubuntu:
  Confirmed
Status in linux source package in Xenial:
  Confirmed

Bug description:
  Using a Dell Poweredge T20 and Ubuntu 16.04 with the 4.4 Kernel.

  Just got the Meltdown update to kernel linux-image-4.4.0-108-generic but this 
doesnt boot at all. It just hangs after grub. There is no logs from syslog or 
such. SysReq Keys dont work neither.
  The last kernel linux-image-4.4.0-104-generic still boots fine.

  ProblemType: Bug
  DistroRelease: Ubuntu 16.04
  Package: linux-image-4.4.0-104-generic 4.4.0-104.127
  ProcVersionSignature: Ubuntu 4.4.0-104.127-generic 4.4.98
  Uname: Linux 4.4.0-104-generic x86_64
  NonfreeKernelModules: zfs zunicode zcommon znvpair zavl
  AlsaVersion: Advanced Linux Sound Architecture Driver Version 
k4.4.0-104-generic.
  AplayDevices: Error: [Errno 2] No such file or directory: 'aplay'
  ApportVersion: 2.20.1-0ubuntu2.15
  Architecture: amd64
  ArecordDevices: Error: [Errno 2] No such file or directory: 'arecord'
  AudioDevicesInUse: Error: command ['fuser', '-v', '/dev/snd/by-path', 
'/dev/snd/hwC0D0', '/dev/snd/pcmC0D0c', '/dev/snd/pcmC0D0p', 
'/dev/snd/controlC0', '/dev/snd/seq', '/dev/snd/timer'] failed with exit code 1:
  Card0.Amixer.info: Error: [Errno 2] No such file or directory: 'amixer'
  Card0.Amixer.values: Error: [Errno 2] No such file or directory: 'amixer'
  Date: Wed Jan 10 01:36:01 2018
  HibernationDevice: RESUME=UUID=9b654b0f-96ef-49f0-bfd8-ad7907cb7b99
  InstallationDate: Installed on 2017-05-17 (237 days ago)
  InstallationMedia: Ubuntu-Server 16.04 LTS "Xenial Xerus" - Release amd64 
(20160420.3)
  IwConfig: Error: [Errno 2] No such file or directory: 'iwconfig'
  MachineType: Dell Inc. PowerEdge T20
  ProcEnviron:
   TERM=xterm-256color
   PATH=(custom, no user)
   XDG_RUNTIME_DIR=<set>
   LANG=de_DE.UTF-8
   SHELL=/bin/bash
  ProcFB: 0 inteldrmfb
  ProcKernelCmdLine: BOOT_IMAGE=/boot/vmlinuz-4.4.0-104-generic.efi.signed 
root=UUID=9edb2ffb-791e-4988-b3a9-7ce73227802c ro
  RelatedPackageVersions:
   linux-restricted-modules-4.4.0-104-generic N/A
   linux-backports-modules-4.4.0-104-generic  N/A
   linux-firmware                             1.157.14
  RfKill: Error: [Errno 2] No such file or directory: 'rfkill'
  SourcePackage: linux
  UpgradeStatus: No upgrade log present (probably fresh install)
  dmi.bios.date: 05/11/2017
  dmi.bios.vendor: Dell Inc.
  dmi.bios.version: A12
  dmi.board.name: 0VD5HY
  dmi.board.vendor: Dell Inc.
  dmi.board.version: A07
  dmi.chassis.type: 6
  dmi.chassis.vendor: Dell Inc.
  dmi.modalias: 
dmi:bvnDellInc.:bvrA12:bd05/11/2017:svnDellInc.:pnPowerEdgeT20:pvr00:rvnDellInc.:rn0VD5HY:rvrA07:cvnDellInc.:ct6:cvr:
  dmi.product.name: PowerEdge T20
  dmi.product.version: 00
  dmi.sys.vendor: Dell Inc.

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