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Polycom accepts USD 2 bln bid from Siris

2016-07-08 15:29:00| Telecompaper Headlines

(Telecompaper) Polycom said it has terminated its previously announced USD 1.96 billion merger agreement with Canada's Mitel Networks and accepted one from Siris, for USD 12.50 per share in cash, or a total of USD 2 billion, including debt. A report had earlier noted the company received a higher offer from an unidentified private equity firm. Polycom will pay the requisite termination fee and then enter into a new merger agreement with Siris, previously described as "Sponsor 1" in Polycom's filings with the US Securities and Exchange Commission.

Tags: usd bid accepts polycom

Competition watchdog rejects SK Telecom's CJ Hellovision bid

2016-07-05 02:00:00| Total Telecom industry news

Korea's Fair Trade Commission says merger would create TV monopoly.

Tags: bid competition telecoms rejects

Mondelez Rumored to Bid for Hershey

2016-06-30 17:40:00| Food Processing

Unconfirmed Wall Street Journal exclusive story does not quantify offer.

Tags: bid hershey rumored mondelez

NSG snub may derail Indias bid to end its addiction to fossil fuel

2016-06-26 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Live Mint: NSG snub may derail Indias bid to end its addiction to fossil fuel The department of atomic energys ambitious target of generating 63 gigawatt of nuclear power by 2032 may fall short India's failure to get into the exclusive Nuclear Suppliers Group (NSG) last week because of Chinese opposition could impede the country's plans to scale up power production from non-fossil fuel sources, say officials and analysts. New Delhi, which put in its application for NSG membership on 12 May, was thwarted...

Tags: to end bid fuel