Sale of RSA Security Said to Be Near
Andrew Ross Sorkin and John Markoff write in The New York Times:
RSA Security, a pioneering digital security company, quietly put itself up for sale several months ago and is now near a deal with EMC or at least one other bidder, people involved in the auction process said last night.More here.
A deal, possibly worth more than $1.8 billion, could be reached in a few days, these people said. The company has a market value of $1.46 billion.
RSA's board is expected to meet before the weekend to review final bids, these people said. They cautioned, however, that it remained possible that RSA could still decide against a sale.
It could not be learned last night who was competing against EMC, the data storage giant.
posted by Fergie @ 6/29/2006 06:34:00 AM
0 Comments:
Post a Comment
<< Home