May 26 2007
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.Share on Facebook