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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. Rating :
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Tandberg reject Cisco bid?
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tomerlllldf... | Not rated | 15-Oct-09 05:44 am | ||
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Could be an interesting open!
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maxadder | Rate it | 15-Oct-09 07:16 am | ||
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I wonder if they are going to try to buy RVSN...
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jcljack25
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Rate it | 15-Oct-09 10:20 am | ||
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CSCO will never buy RVSN because it's to...
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argyle46a | Rate it | 15-Oct-09 11:17 am |
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