Micron and Hynix have been in discussions for the past few months and it would appear after a final deal had been reached the Hynix executive board squashed the deal. The board also wouldn't accept a restructure as suggested by their creditors, considering that they are deeply in-debt that can't make the banks happy.
Related Web URL: http://www.forbes.com/home/2002/04/30/0430hynix.ht...
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