Cisco Increases Offer Price and Extends Acceptance Period for Recommended Offer to Acquire TANDBERG
Posted 11-16-2009 on Cisco Latest News & Press Releases
SAN JOSE, CA and NEW YORK, NY and OSLO, NORWAY - Cisco® (NASDAQ: CSCO) today announced a revised recommended voluntary cash offer to acquire TANDBERG (OSLO: TAA). Under the revised terms, Cisco will offer to purchase all the outstanding shares of TANDBERG for 170 Norwegian Kroner per share for an aggregate purchase price of approximately $3.4 billion. Cisco will also increase the interest ... 
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