Thursday, March 29, 2012

Reuters: Mergers News: SK hynix submits bid for Japan's Elpida -report

Reuters: Mergers News
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SK hynix submits bid for Japan's Elpida -report
Mar 30th 2012, 04:46

SEOUL, March 30 | Fri Mar 30, 2012 12:46am EDT

SEOUL, March 30 (Reuters) - South Korean chipmaker SK hynix has submitted a bid for Japan's Elpida Memory Inc , local media reported on Friday.

Micron Technology and Toshiba Corp also submitted bids for the Japanese chipmaker, which filed for bankruptcy protection in late February, Yonhap Infomax reported in an unsourced report.

A SK hynix spokeswoman said it had no official comment on the report.

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