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Tokyo court says Micron can wed Elpida, birth world No.2 chipmaker

White knight Micron is close to winning the hand of its damsel in distress, Japanese chipmaker Elpida Technology: a Tokyo court has approved Micron's acquisition of Elpida and thrown out a rival proposal from a squad of Elpida bondholders. The stakeholders claimed that Micron's offer to rescue the bankrupt DRAMurai warrior was …

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A deal sweetened by Apple Inc, ordering and prepaying a couple of Billion Dollars worth of Elpida RAM Chips.

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