Die bringen neben Micron nun auch IBM als möglichen Käufer ins Gespräch: Ich hoffe, so billig wie jetzt kommt man nicht mehr so schnell an Spansion heran
EE Times: Semi News
Who's tracking Spansion's bankruptcy filing?
Mark LaPedus EE Times (05/06/2009 10:21 AM EDT)
SAN JOSE, Calif. -- Spansion Inc. said that the company has received notice from NASDAQ that the last day of trading for its common stock on NASDAQ will be May 6. This is the result of a delisting determination, which will take effect before trading on May 7, 2009.
As reported, NOR flash leader Spansion (Sunnyvale, Calif.) recently filed for protection under U.S. Bankruptcy laws. Sources believe that two companies--IBM Corp. and Micron Technology Inc.--are separately tracking Spansion's progress in the bankruptcy court. It's unclear if IBM or Micron will buy Spansion. Micron is a more likely suitor, according to sources.
Spansion is also looking at cutting more costs, including plans to shutter its Japanese unit. The company declined to comment.
Over time, Spansion may go it alone. Recently, the company announced that it plans to pursue a standalone strategy focused on the embedded solutions market and the intellectual property (IP) licensing business. The company is also actively pursuing strategic alternatives for its wireless business.
The company's goal is to have creditor and court approval of the restructuring plan by the fourth quarter. If the restructuring plan is approved, Spansion will emerge from Chapter 11 and operate without the constraints currently imposed by the U.S. Bankruptcy Court.
Stockholder voting rights will not be affected by the delisting and the company plans to continue to hold its annual stockholder meeting, according to the company.
Additionally, the company plans to seek a relisting on one of the major stock exchanges at the appropriate time after the completion of its restructuring process. http://www.eetimes.com/news/semi/showArticle.jhtml?articleID=217300402 |