Networking star Cisco Systems Weekday lifted its engage to buy Norse video field set Tandberg by 11 pct - to USD 3.41 billion - after the companionship's preceding bid unsuccessful to win sufficient reenforcement from Tandberg shareholders. Whitefish said that the bid was its parthian substance and required 90 proportion of Tandberg shareholders to suffer the mass by Dec 1 or it would be withdrawn. Whatever 40 proportion of Tandberg shareholders had acknowledged the early bid which was tendered unalterable period. That all-cash understanding represented an 11-percent payment on Tandberg's concluding value and was recommended unanimously by Tandberg's lumber. The attainable deal would personify Whitefish's original acquire of a overt society part the US.
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