Scalper1 News
Several analysts Tuesday said they’re skeptical about an unsolicited bid by Chinese chipmaker Tsinghua Unigroup for Boise, Idaho-based Micron Technology (MU). The Wall Street Journal, citing unnamed sources, reported Monday that China state-owned company Tsinghua Unigroup “has prepared a $23 billion bid,” about $21 a share, to buy memory chipmaker Micron. Micron stock closed Monday at 17.61, so the offer would be a 19% premium. In a July 2 Scalper1 News
Scalper1 News