04.24.2007 10:00 AM
Originally featured on BroadcastEngineering.com
Ericsson wins regulatory approval of TANDBERG Television acquisition

Ericsson received favorable rulings this week from the relevant competition authorities to acquire all outstanding shares in TANDBERG Television.

The authorities required no material adverse changes to the offer. All conditions set out in its Feb. 26 offer have been met. Ericsson is expected to execute settlement for TANDBERG Television shares submitted in its voluntary public cash offer tomorrow.

Following that settlement, Ericsson will proceed with a mandatory offer for the remaining shares of the company. In parallel, Ericsson plans to initiate a compulsory acquisition of the remaining shares in TANDBERG Television.

For more information, visit www.ericsson.com



Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Thursday 11:07 AM
The Best Deconstruction of a 4K Shoot You'll Ever Read
With higher resolutions and larger HD screens, wide shots using very wide lenses can be a problem because they allow viewers to see that infinity doesn’t quite resolve into perfect sharpness.

David Goggin /   Wednesday 03:01 PM
Sommer Introduces New Hybrid Cable at InfoComm
Clyne Media, Inc /   Wednesday 10:41 AM
Guitar Center and DirecTV Present Muse Live from The Mayan

 
Featured Articles
Exhibitions & Events
Discover TV Technology