Micron Agrees to Buy Bankrupt Elpida for $2.5 Bln

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July 3 (Bloomberg) -- Micron agreed to buy bankrupt Japanese chipmaker Elpida Memory Inc. in a transaction valued at 200 billion yen ($2.5 billion), gaining memory chip-making assets that may help it avert price swings that fueled four straight quarters of losses. (Source: Bloomberg)

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