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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (54210)4/22/2002 11:01:36 AM
From: Doug Shapiro  Respond to of 99280
 
(DAve from the news... Mu 35 by the close of the deal)

Micron guaranteed that its shares will be valued at $35 each when the transaction is completed, 19 percent above Friday's closing price, valuing the stock portion of the purchase at $3.8 billion, said Song Joo Kyung, a credit official at Korea Exchange Bank, a Micron lender. Micron shares have traded at an average price of $33.79 this year.