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UPDATE 1-Cisco to buy BroadSoft in $1.9 bln deal

Cisco Systems Inc will buy U.S. telecommunications software company BroadSoft Inc in a deal valued at $1.9 billion, as the world's largest networking gear producer shifts from its stagnating legacy business of switches and routers.

Cisco to buy BroadSoft in $1.9 bln deal

Cisco Systems Inc, the world's largest networking gear manufacturer, said it will buy U.S. telecommunications software company BroadSoft Inc in a deal valued at about $1.9 billion, including debt.

AT&T extends deadline to close Time Warner deal

AT&T Inc said on Monday it had extended by a "short period" the deadline to close its proposed deal to acquire Time Warner Inc, to buy time to get the required regulatory approvals for the deal.

CORRECTED-Cisco nears deal to acquire BroadSoft -source

Cisco Systems Inc , the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion, a person familiar with the matter said on Sunday.

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Trump says tax plan will not change 401(k) plans: tweet

WASHINGTON U.S. President Donald Trump on Monday dismissed the possibility of limiting popular 401(k) retirement savings plans after a report last week said Republicans might consider capping such pre-tax contributions in order to generate more revenue.