Monday, October 03, 2005

Symantec to buy BindView for $209M

A Reuters news snippet, via Yahoo! News, reports that:

Software maker Symantec Corp. on Monday said it agreed to acquire information technology security company BindView Development Corp. for about $209 million, or $4 per share, in cash.

The deal is expected to close in the first calendar quarter of 2006, Symantec said in a news release.

Shares in Symantec closed at $22.66, while those in BindView closed at $3.50, on the Nasdaq Friday.

0 Comments:

Post a Comment

<< Home