News Source: Fox News
| 16 days ago
Cisco and Tandberg announced the deal on Oct. 1, but it still needs to be approved by Tandberg's shareholders. The agreement requires owners of 90 percent of the company's shares to sign off on the acquisition by Nov. 9. According to recent media...
News Source: International Business Times
| 17 days ago
U.S. network equipment maker Cisco Systems Inc faces a touch choice as the Monday deadline approaches for its $3 billion tender offer for Norwegian video conferencing company Tandberg ASA. Investors holding about 30 percent of Tandberg's shares have...
News Source: International Business Times
| 17 days ago
Advisers to a small band of shareholders in Norwegian video conferencing company Tandberg ASA added their voices to calls for suitor Cisco Systems Inc to up its $3 billion bid, ahead of a Monday offer deadline. Cisco has made its offer for Tandberg -...
News Source: Asian Wall Street Journal
| 17 days ago
Minority owners in Tandberg ASA said Friday Cisco Systems Inc.'s recommended bid for the Norwegian video-conferencing-equipment maker is at least 11% too low and should be raised if it is to be accepted. In an open letter ahead of the offer-period...