ORBITING WALL STREET
March 12, 2007
Tandberg, Ericsson Tandberg TV's board has extended a unanimous recommendation to shareholders that they accept Ericsson's buyout offer, Tandberg announced March 7. Ericsson made an unsolicited offer Feb. 26 to acquire Tandberg for 9.8 billion Norwegian kroner ($1.6 billion). Ericsson has acquired 11.7...This story is only available to paid subscribers. Please login below with your username and password if you are a subscriber.
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