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Elpida bondholders to propose alternative to Micron takeover

7/10/2012 07:20 PM EDT
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sprite0022
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re: Elpida bondholders to propose alternative to Micron takeover
sprite0022   7/11/2012 5:26:51 AM
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$750 million to acquire Elpida's assets, this sounds not a bad deal...

DMac
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re: Elpida bondholders to propose alternative to Micron takeover
DMac   7/11/2012 5:02:54 AM
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Maybe. I would say no more than a possible wrench in the works. As CJ Muse says, I think these kinds of moves are pretty standard. It should come as no surprise that some unsecured bondholders are not thrilled about the deal, but it sounds like it's unlikely that they will be able to hold it up.

resistion
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re: Elpida bondholders to propose alternative to Micron takeover
resistion   7/11/2012 12:20:33 AM
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Some bad karma already in this "savior" deal?!

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