Cisco: Waiting Period Terminated
Cisco announces termination of Hart-Scott-Rodino waiting period for acquisition of WebEx
April 9, 2007
SAN JOSE, Calif. -- Cisco Systems, Inc.(NASDAQ: CSCO) today announced, in connection with its tender offerfor all of the outstanding shares of WebEx Communications, Inc.(NASDAQ: WEBX), that the waiting period for US antitrust review underthe Hart-Scott-Rodino Antitrust Improvements Act of 1976 wasterminated on April 6, 2007. The tender offer remains subject toregulatory approval by competition authorities in variousjurisdictions outside the United States.
As announced previously on March 27, 2007, Cisco, through its whollyowned subsidiary Wonder Acquisition Corp., has commenced a tenderoffer for all outstanding shares of WebEx at a price of $57.00 pershare net to the seller in cash without interest, less brokerage feesand less any required withholding taxes, pursuant to the definitivemerger agreement between Cisco and WebEx.
Cisco Systems Inc.
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