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Mitel offers USD 540 mln for Shoretel

Monday 20 Oct 2014 | 14:49 CET | News
Enterprise telephony specialist Mitel has offered to acquire Shoretel for USD 540 million. Its unsolicited bid of USD 8.10 cash per share is a 24 percent premium to Shoretel's closing stock price the last trading day before the announcement. The company went public with the offer after Shoretel's board rejected an initial approach. Mitel said it aims to be a consolidator in the business ...

Mitel offers USD 540 mln for Shoretel

Monday 20 Oct 2014 | 14:49 CET | News Enterprise telephony specialist Mitel has offered to acquire Shoretel for USD 540 million. Its unsolicited bid of USD 8.10 cash per share is a 24 percent premium to Shoretel's closing stock price the last trading day before the announcement. The company went public with the offer after Shoretel's board rejected an initial approach. Mitel said it aims to be a consolidator in the business ...

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Calendar   /   Industry Events

21 Oct Verizon Q3 2014
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21 Oct Broadcom Q3 2014
21 Oct Broadband World Forum
21 Oct Iran Telecoms & IT 2014 Global Summit
21 Oct Customer Experience Management in Telecoms
22 Oct EE Q3 2014
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22 Oct Fortinet Q3 2014
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23 Oct 2nd Enterprise Mobility China Summit 2014
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