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Symantec Acquisition Prospects Get Interesting

In Security by Shelly KramerLeave a Comment

Symantec reportedly has two new suitors, this time for its very lucrative consumer security business. The takeover deal would value Symantec stock at between $26 and $27 a share, valuing the company at about $16.4 billion. As might be expected, Symantec stock surged on Friday following the news of the possible buyout, jumping 4.5% to $24.52. What’s next here as it relates to the Broadcom acquisition?