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Micron: Tsinghua Unigroup's Reported $23B Bid Is A Long Shot

2015-07-15 15:57:50| Telecom - Topix.net

The Wall Street Journal is reporting that China's state-owned Tsinghua Unigroup has prepped a bid to acquire Micron for $23 billion or $21 per share: State-backed Chinese tech firm Tsinghua Unigroup has prepped a $23B, or $21/share, bid to acquire U.S. DRAM/NAND flash giant Micron , the WSJ reports . The report has broken shortly after AH trading closed for the day.

Tags: long reported bid shot

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