Tandberg Shareholders Back Takeover
More than 90 percent of shareholders in Norway's Tandberg Television have accepted a takeover bid from Ericsson, the wireless equipment maker said Friday. That means LM Ericsson has now passed the acceptance and ownership threshold and can proceed with a mandatory redemption of the remaining shares. Ericsson launched the 106 kroner ($17) per share offer for the Norwegian company in February. The Swedish company said that once the transaction is…

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Jarle Petterson <jp