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Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their booth at an industrial fair in Frankfurt, Germany, July 14, 2015. China's state-backed Tsinghua Unigroup Ltd is preparing a $23 billion bid for Micron in what would be the biggest Chinese takeover of a U.S. company, people familiar with the matter said. REUTERS/Kai Pfaffenbach
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