wraggster
January 12th, 2008, 16:32
The world's largest software firm could become the world's leading peripherals manufacturer if rumors linking Microsoft with a takeover of Logitech bear fruit.
According to a Reuters report, rumors are circulating amongst traders that Microsoft may be about to launch a takeover bid for Logitech at 48 francs per share, representing a premium of 38 percent and valuing the company at 9.16 billion francs. The speculation has seen the Swiss company's shares gain up to 12 percent Thursday.
http://www.next-gen.biz/index.php?option=com_content&task=view&id=8605&Itemid=2
According to a Reuters report, rumors are circulating amongst traders that Microsoft may be about to launch a takeover bid for Logitech at 48 francs per share, representing a premium of 38 percent and valuing the company at 9.16 billion francs. The speculation has seen the Swiss company's shares gain up to 12 percent Thursday.
http://www.next-gen.biz/index.php?option=com_content&task=view&id=8605&Itemid=2