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Micron Eyeing Acquisitions?



Boise, Idaho-based Micron said this week that it will raise $450M in a combination of stock and convertible notes, which it says will be used for working capital, capital expenditures, and potential acquisitions and strategic transactions. The move drove analysts to speculate that the firm may be eyeing semiconductor firms such as Spansion, Qimonda, or others.


 

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