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China's Tsinghua Unigroup offers to buy Micron Technology for $23 bln -WSJ
July 14, 2015 / 12:45 AM / 2 years ago

China's Tsinghua Unigroup offers to buy Micron Technology for $23 bln -WSJ

July 14 (Reuters) - China’s Tsinghua Unigroup Ltd offered to buy U.S. memory chipmaker Micron Technology Inc for $23 billion, The Wall Street Journal reported, citing people familiar with the matter.

Tsinghua Unigroup offered $21 per share for Micron, which is at a 19.3 percent premium to the stock's close on Monday, the Journal said. (on.wsj.com/1fE2GQm)

Micron was not immediately available to comment on the report.

Reporting by Sneha Banerjee in Bengaluru; Editing by Stephen Coates

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