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Cisco Announces Termination of Hart-Scott-Rodino Waiting Period for Acquisition of WebEx

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Cisco Systems, Inc. (NASDAQ: CSCO) today announced, in connection with its tender offer for all of the outstanding shares of WebEx Communications, Inc. (NASDAQ: WEBX), that the waiting period for US antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 was terminated on April 6, 2007. The tender offer remains subject to regulatory approval by competition authorities in various jurisdictions outside the United States.

As announced previously on March 27, 2007, Cisco, through its wholly owned subsidiary Wonder Acquisition Corp., has commenced a tender offer for all outstanding shares of WebEx at a price of $57.00 per share net
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.