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To: yard_man who wrote (35246)6/18/1998 4:13:00 PM
From: DavidG  Respond to of 53903
 
MU buys TXN DRAM business



To: yard_man who wrote (35246)6/18/1998 4:16:00 PM
From: ratan lal  Read Replies (1) | Respond to of 53903
 
Read the agreement. Not only did they get the plant, they got an $800 mil loan. Now they can breathe easier. No more worries about being in violation of Bank agreements. no S&P downgardes of paper.

Now it is TXN problem to make sure that MU stays alive since they have more of a vested interest in MU than anyone else.

You know what they say. If you borrow a million $s its your problem. If you borrow a $100 mil its the lenders problem.



To: yard_man who wrote (35246)6/18/1998 4:18:00 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 53903
 
tippet, i'm amazed how dumb people are. if this "purchase" is true. the $800 million in debt assumption is a good thing for mu. but hey, i always assumed they just never paid it ;-)

is this a purchase, a joint venture or both?

psssst, i bet they us mu's accounts. won't matter ;-)

btw, mu essentially just issued shares to txn to pay down their debt, if true. why? they have so MUCH cash. NOT! ;-)


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