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back to article SK Hynix drops bid to buy bankrupt Elpida

South Korean firm SK Hynix said today that it won't be going ahead with a bid for bankrupt Japanese firm Elpida Memory because the deal would have been too expensive. "The Elpida deal would have been a huge financial investment," an SK Hynix spokesman told the Wall Street Journal. "To ease the financial burden, we had …

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  1. James O'Brien
    Angel

    1.9 million really?

    Hell I'm sure I could get a loan for that much to buy them. Granted I would turn around and sell off the patents immediately afterwards. Methinks there was a typo in there...

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