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Home / IBR Headlines / Analysts give thumbs-up to Micron acquisition (access required)

Analysts give thumbs-up to Micron acquisition (access required)

Analysts cheered but investors demurred following Micron Technology's announcement on Feb. 9 that it would acquire Swiss memory chip maker Numonyx Holdings BV. News of the deal, an all-stock transaction valued at about $1.27 billion, sent Micron share values down 6.3 percent to close at $8.51 on Feb. 10. Feb. 11, however, saw a slight rebound ...

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