Nov 16th, 2009 - Wall Street Journal
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(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.OS) to 170 Norwegian kroner a share from NOK153.50 a share, and extended the offer period to Dec. 1.
"The new offer represents the offeror's final price for this transaction," Cisco said, adding that it will withdraw the offer if it doesn't achieve the desired 90% level of acceptances.
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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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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 After Investors Oppose Earlier Offer
Nov 16th, 2009 - Bloomberg
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.UPDATE 1-Tandberg shareholders snub Cisco offer
Nov 10th, 2009 - Reuters
* Cisco gets 9.4 percent acceptances for Tandberg offer * Cisco has previously extended its offer to Nov. 18 * Tandberg shares little changed at 151.5 crowns (Adds analyst...
