Cisco Extends Tandberg Deadline, is Short of Shares

Posted by John Overridex on Nov 10th, 2009 and filed under News RSS. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.

Cisco is extending the deadline for shareholders of Tandberg to accept its $3 billion offer for the Norwegian video conferencing company. The deadline is now Nov. 18. So far, Cisco has only received acceptance from investors who hold 9.37 percent of Tandberg stock. Cisco officials are looking to a 90 percent acceptance, or they will consider withdrawing the offer.
– Cisco Systems officials will wait another week before deciding what to do with their $3 billion bid to by video conferencing company Tandberg
Cisco, which had set an initial deadline for shareholders to accept the deal of Nov. 9, pushed that deadline to Nov. 18. Cisco is looking to get 90 percent o…

Cisco Extends Tandberg Deadline, is Short of Shares

Recently Commented

Archives by Tag

Recent Entries