Micron(MU) kauft Speichergeschäft von Hynix!

                    Under the non-binding memorandum of
                    understanding that follows five months of
                    difficult talks, Micron also intends to pay
                    an extra $200 million for a 15 percent
                    equity stake in Hynix's non-memory
                    business.

                    As part of this transaction, South
                    Korean lenders will provide $1.5 billion of long-term debt financing to Micron for its Korea-based
                    operations.

                    The boards of Micron and Hynix (HXSDY: news, chart, profile), along with Hynix's creditors have until
                    April 30 to reach a final agreement, the companies said. Hynix owes creditors 6.5 trillion won ($4.9
                    billion).

                    The deal, if given all these thumbs up, would then be subject to the approval of Hynix shareholders
                    and U.S. and European antitrust authorities.

                    "Although there remain additional details to be negotiated before a definitive agreement can be
                    achieved, we're confident the outstanding resources of Hynix combined with Micron's operations will
                    create a leading semiconductor company that will benefit its employees, shareholders, affiliates and
                    worldwide customers," said Steve Appleton, president and CEO of Micron, in a statement.