To complete the merge, Micron and Elpida have to get the approval of anti monopoly authorities of the countries in which transactions between companies will be affected, and the blessing of the creditors, calling for the return of their funds. U.S. regulators have already agreed to Support memory manufacturers just like Czech Republic, Japan, South Korea, Singapore and Taiwan, and a new joint press release Micron and Elpida has got a positive decision, from the Ministry of Commerce of China.
Verdict of anti monopoly authorities in China was the last to complete the transaction, but the final word rests with Elpida creditors . Next week, on 26 February, will vote for the plan of Elpida reorganization , which will decide the fate of Japanese companies. The preliminary plan was submitted for consideration to the Tokyo District Court on 21 August last year and was approved on 31 October .
Micron and Elpida seeking to settle all the formalities and complete the transaction in the first half of 2013. Related Products :
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