A group of Elpida Memory's bondholders offer to lend the bankrupt chipmaker ¥30B ($383M) in...

|By:, SA News Editor

A group of Elpida Memory's bondholders offer to lend the bankrupt chipmaker ¥30B ($383M) in an alternative restructuring plan for the company as they look to push Micron (MU) to increase its bid for the firm. Micron has offered to buy Elpida's equity for ¥60B and pay creditors ¥140B, while the creditors value the company at over ¥300B.