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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (53427)1/3/2002 9:40:03 PM
From: nolimitz  Read Replies (1) | Respond to of 53903
 
biz.yahoo.com
SEOUL, Jan 4 (Reuters) - Lenders of South Korea's Hynix Semiconductor Inc are likely to insist any major asset sale to Micron
Technology (NYSE:MU - news) cover Hynix's debt exposure, a Hynix official said on Friday..............

An official at Hynix's top creditor bank refused to comment on what the banks would demand from Hynix's talks with Micron.

``We have no idea about the deal and can't comment on it either,'' said an official at Korea Exchange Bank .

The Korea Daily News, quoting an unnamed creditor bank official, said Micron was expected to take over Hynix's DRAM operations.