Digital Camera News
Lexar and Micron Approve Amendment for Merger
June 19, 2006 – Lexar Media, Inc. announced the approval of an amendment to its merger contract with Micron Technology on Friday. In a vote of more than 70% of shareholders and over 50% of shares outstanding, stockholders adopted a revised Registration Statement on Form S-4 to the Lexar-Micron stock-for-stock merger. As voted on earlier this month, the exchange ratio of the company giants increased. "Each outstanding share of Lexar common stock would receive in the merger to 0.5925 shares of Micron common stock from 0.5625 shares of Micron common stock," according to a Micron press release.
Lexar is a leading manufacturer of flash memory, including compact memory cards and USB drives. The acquisition is valued at $945 million, according to tgdaily.com.
Latest News
& Reviews
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10-Feb-2012
Nikon S9300 First Impressions Review
It’s not often that “18x optical zoom” and “compact” describe the same camera, but that’s the Nikon S9300 for you. We’ve taken the little devil for a spin here at CP+, read on for our full impressions of Nikon’s latest travel zoom camera. Read More...
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09-Feb-2012
Pentax K-01 First Impressions Review
We’ve gone hands-on with the Marc Newson designed K-01 from Pentax. Read on for our full impressions of this unique mirrorless camera as well as a full gallery of photos of the camera. Read More...
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