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Following the extension Monday of its $3 billion offer for Tandberg ASA, Cisco Systems Inc. (NASDAQ:CSCO) Tuesday reported that it has garnered only 9.37% of the video teleconferencing company's shares. Full Article at DealScape
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NEW YORK -- Cisco Systems Inc. said it holds the right to buy about 9.4 percent of Tandberg ASA shares and voting rights, showing the uphill task it faces in taking over the world's second-largest maker of videoconferencing systems. Full Article at China Post
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...And David Gardner called it. He's up 1,334%! See what David's recommending that you buy NEXT! Will this waiting game end in victory? Full Article at Motley Fool
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Nov. 9 (Bloomberg) -- Cisco Systems Inc. extended its offer for Tandberg ASA, the world’s second-largest maker of videoconferencing systems, after some of the Norwegian company’s shareholders said the bid was too low. Full Article at Bloomberg.com
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Two European financial firms argue that Ciscos $3 billion bid for video conferencing rival Tandberg is too low considering its performance and stock price. Full Article at eWeek
