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Article: Satyam gets takeover offers; board meeting on Jan 22-23.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- January 20, 2009
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Satyam gets takeover offers; board meeting on Jan 22-23
New Delhi, Jan 20 (PTI) -- Troubled software exporter Satyam today said it has been approached for takeover by domestic and foreign companies, the IT company's board member Tarun Das said today.
The board will meet for two days starting January 22 in Hyderabad and would discuss issues such as search CEO and CFO, legal matters and immediate cash requirements to run the company, he told reporters here.
The board would also discuss whether it needs to ask the government to stand as a guarantor for raising loans.
Das said the ...