Nov 16th, 2009 - Bloomberg
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Nov. 16 (Bloomberg) -- Cisco Systems Inc. raised its bidfor Tandberg ASA to 19 billion kroner ($3.4 billion), after theNorwegian company’s shareholders said its offer for the second-largest maker of videoconferencing systems was too little.
Cisco boosted its offer by about 11 percent to 170 kroner ashare after its earlier offer of 153.5 kroner a share garneredjust 9.4 percent of Tandberg’s shares. The San Jose, California-based company also said in a statement that it is extending theoffer period to Dec. 1.
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Cisco Raises Tandberg Offer 11% To NOK19 Billion
Nov 16th, 2009 - Wall Street Journal
Of DOW JONES NEWSWIRES STOCKHOLM (Dow Jones)--Cisco Systems Inc. (CSCO) Monday raised its cash bid for Norwegian video-conferencing-equipment maker Tandberg ASA (TAA.OS) by 11% to 19 billion Norwegian kroner ($3.41 billion) and said the U.S...
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NEW YORK -Cisco Systems Inc. said Monday it raised its bid for Norway's Tandberg ASA after only a fraction of Tandberg shareholders agreed to Cisco's initial offer. Cisco increased its bid to 170 kroner ($30.
Cisco Raises Bid for Tandberg of Norway
Nov 16th, 2009 - New York Times
The network equipment maker Cisco on Monday raised its bid for Norwegian videoconferencing equipment maker Tandberg. The increase was backed by holders of more than 40 percent of Tandberg's shares...
Cisco Raises Tandberg Bid Offer To NOK170 A Share
Nov 16th, 2009 - Wall Street Journal
(Adds detail, comments from analyst and Tandberg shareholder.) Of DOW JONES NEWSWIRES STOCKHOLM (Dow Jones)--U.S.-based Cisco Systems, Inc. (CSCO) Monday raised its cash offer for Norway's Tandberg ASA (TAA.
