Writings and observations

The Seattle Post-Intelligencer blog has a useful post up about the procedure for filling the job of King County prosecutor, which has been held for nearly three decades by Norm Maleng, who died Thursday.

Key points: The decision will be made by the King County Council, which is majority Democratic (barely). The appointee must, however, be a Republican. And the seat will be up for election this fall, meaning that candidacies (of the incumbent and others) will have to materialize almost immediately: “Because the primary election now is a month earlier than it has been in the past – on Aug. 21 this year – the five-day candidate filing period opens a week from Monday, nearly two months earlier than in past years.”

That humming sound you hear is the intense burning of phone lines and waves across King County . . .

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Washington

Five months ago we quoted a stock site called Seeking Alpha as suggesting this: “A company with Micron’s assets, potential, and joint ventures could definitely be a very attractive takeover target for private equity. A leveraged buyout may not be too far off in the distance.” And we indicated we thought the site was correct: Micron would be an attractive takeover target.

In today’s Idaho Statesman: “Speculation is again swirling that Micron Technology could be bought by a private equity firm. A surge in contracts to buy Micron call options late Thursday and Friday led some analysts to speculate that private equity firms were again looking at the Boise-based semiconductor company.”

Keep watch.

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