8-KMaterial AgreementsExhibits & Filings

MICRON TECHNOLOGY INC 8-K Report, Material Agreement (Jun 7, 2006)

Filed June 7, 2006For Securities:MU

Summary

This Form 8-K filing by Micron Technology, Inc. (MU) on June 7, 2006, primarily concerns the entry into a Voting Agreement. This agreement, dated June 6, 2006, involves Glenview Capital Management, LLC ("Glenview") and Micron. Glenview and affiliated entities have agreed to vote all their Lexar common stock in favor of a merger. This indicates a crucial step in securing shareholder approval for the proposed acquisition of Lexar by Micron. The filing also serves as a notification and guide for investors regarding the ongoing merger process. It directs investors to the SEC's website and provides contact information for both Micron and Lexar Investor Relations to obtain the definitive proxy statement/prospectus and other relevant documents. These documents contain vital information for making informed voting and investment decisions concerning the merger.

Key Highlights

  • 1Micron Technology entered into a Voting Agreement on June 6, 2006.
  • 2The agreement is with Glenview Capital Management, LLC ("Glenview").
  • 3Glenview and its affiliates commit to voting their Lexar common stock in favor of the merger.
  • 4This agreement is a material definitive agreement related to an ongoing merger transaction.
  • 5The filing directs investors to consult the Form S-4 Registration Statement (Registration No. 333-132757) for detailed information on the merger.
  • 6Contact information for Micron and Lexar Investor Relations is provided for obtaining relevant merger documents.

Frequently Asked Questions

The main purpose of this 8-K filing is to report a material definitive agreement, specifically a Voting Agreement between Micron Technology, Inc. and Glenview Capital Management, LLC. This agreement pertains to the voting of Lexar common stock in favor of an ongoing merger.

Glenview Capital Management, LLC is an entity that holds voting authority over Lexar common stock. Through the Voting Agreement, Glenview and its affiliates have committed to vote their shares in favor of the merger, which is a significant step in securing shareholder approval for the transaction.

Investors and security holders can find detailed information about the merger in the Registration Statement on Form S-4 (Registration No. 333-132757) filed with the SEC. This document includes the definitive proxy statement/prospectus and other relevant materials. It can be accessed free of charge on the SEC's website (www.sec.gov) or by contacting Micron or Lexar Investor Relations.

The Voting Agreement is a new development reported in this filing and is directly related to the proposed merger transaction between Micron and Lexar. It ensures that a significant block of Lexar shares will be voted in favor of the merger, facilitating its approval.