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A Tokyo court has approved Micron's (MU) plan to acquire Elpida in a $2.5B deal and dismissed a...
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Thursday, November 1, 2012, 5:40 AM ETA Tokyo court has approved Micron's (MU) plan to acquire Elpida in a $2.5B deal and dismissed a rival scheme from the bankrupt Japanese chipmaker's bondholders. Those holders now intend to vote against the plan when it goes to a vote of creditors, which needs to take place by Feb. 26, saying it delivers "Elpida to Micron at a grossly inadequate price."
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