Auditors rate Cisco bid for Tandberg as fair one
Consultants retained by videoconferencing-equipment maker Tandberg have issued a report terming Cisco Systems' $3 billion takeover bid a fair one, a view that contrasts with those of some Tandberg shareholders. Bloomberg reported Friday that Cisco might drop its bid because of opposition from the Tandberg shareholders that own a 24% share of the Norwegian company.
Bloomberg | 10/30
This story published in USTelecom dailyLead on 11/02/2009
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