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Tandberg reject Cisco bid?     15-Oct-09 05:44 am    
Tandberg holders of over 24% reject $3 billion Cisco bid

By Steve Goldstein, MarketWatch
LONDON (MarketWatch) - Holders of nearly a quarter of Norwegian videoconferencing firm Tandberg have spurned a $3 billion bid from U.S. networking giant Cisco.

Shareholders of Tandberg /quotes/comstock/29r!taa (NO:TAA 154.00, +1.40, +0.92%) holding more than 24% of the company's shares are rejecting Cisco's /quotes/comstock/15*!csco/quotes/nls/csco (CSCO 24.38, +0.49, +2.05%) bid of 153.5 kroner per share, broker SEB Enskilda said.
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  Subject Author Rating Time of Post (ET)  
 
Tandberg reject Cisco bid?
tomerlllldf... Not rated 15-Oct-09 05:44 am  
 
Could be an interesting open!
maxadder Rate it 15-Oct-09 07:16 am  
 
I wonder if they are going to try to buy RVSN...
jcljack25
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Rate it 15-Oct-09 10:20 am  
 
CSCO will never buy RVSN because it's to...
argyle46a Rate it 15-Oct-09 11:17 am  
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Radvision Ltd. (RVSN)

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