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Micron Technology (MU) has agreed to acquire Elpida Memory for about $750M. Under the deal,...

Jul. 02, 2012 7:42 AM ETMicron Technology, Inc. (MU) StockMU, ELPDFBy: Yigal Grayeff, SA News Editor

Micron Technology (NASDAQ:MU) has agreed to acquire Elpida Memory for about $750M. Under the deal, Micron will pay the creditors of the bankrupt Japanese chipmaker $1.75B in annual installments until 2019. Micron +1.6% premarket. (previous)

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