Merger-sale offers to acquire Satyam

Merger-sale offers to acquire Satyam

Merger-sale offers to acquire Satyam

According to GoI appointed Satyam director Tarun Das said that the board would meet for two days starting January 22 in Hyderabad and would discuss issues such as selection of CEO and CFO, legal matters and immediate cash requirements to run the company.

Das said the company has been approached for takeovers by both international and Indian IT firms. There have been unconfirmed reports that the company might soon appoint investment bankers to advise on a merger or sale.


Comments are closed.