Anyone thinking about signing a deal with ShoreTel for unified communications gear might want to take a closer look now that Mitel has made public its hopes to buy the company.
Mitel says it’s prepared to pay 24% over the price last Friday of ShoreTel stock (about $540 million), but ShoreTel says no and won’t negotiate, according to a letter Mitel’s CEO wrote to the chairman of ShoreTel. Despite the rebuff, Mitel plans to persist and that means ShoreTel customers should be vigilant.
