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

To: DavidG who wrote (35346)	6/18/1998 8:54:00 PM
From: Thomas G. Busillo	Read Replies (1) \| Respond to of 53903

David, yeah, but where does this fit in: In addition to TI's memory assets, Micron will receive $750 million in financing from TI to facilitate the deployment of Micron's technology throughout the operations I read it as an $800 million acquisition (the memory assets and assumption of $190 in debt in exchange for stock, convertible debt, and subordinated debt) with a $750 million unspecified "financing" kicker thrown in there. That little "financing" kicker is almost as large as the "acquisition" portion. You buy our stuff for $800 million AND we'll throw in $750 mil. in financing to help you make use of what it is you're buying from us. I have to be reading it wrong. Either that or whoever did the deal couldn't negotiate a hungry man into eating a tuna sandwich <g> Good trading, Tom