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The listed software company is up for sale – a takeover venture by financial investor Thoma Bravo is in the room.
(Photo: AP)
FrankfortThe US company Symantec, known for its antivirus software "Norton", could become a target of takeover. Financial investor Thoma Bravo has expressed interest in buying Symantec, Reuters told Reuters on Tuesday. But it is not clear whether there is an agreement.
Symantec has a market value of $ 15 billion and a debt of about $ 5 billion. Usually, a premium is paid on acquisitions on the current market value.
The software maker's stock rose during the Reuters report by nearly 18 percent to 23.57 dollars. A few days ago, Symantec released quarterly results, outperforming badysts' results and sales forecasts.
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