February 27, 2007
Ericsson has made an unsolicited offer to acquire Tandberg Television for 9.8 billion Norwegian kroner ($1.6 billion), Ericsson announced Feb. 26. Ericsson has acquired 11.7 percent of the outstanding shares in Tandberg and has entered into agreements to acquire another 13 percent, Ericsson said. Tandberg would operate as a wholly owned subsidiary of Ericsson and...