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KPN, IBasis Settle Dispute Over Tender Offer

By Christopher Norton ( November 23, 2009, 5:32 PM EST) -- The Dutch telecommunications provider Royal KPN and its affiliate iBasis Inc. have ended their legal battle over what iBasis called a "grossly inadequate" tender offer by KPN to buy out iBasis' outstanding shares, now that KPN has upped its offer to $3 cash per share for a rough total of $93 million. . . .

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