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Symantec CEO Weighs in on Takeover Talk, Starboard

BNN Bloomberg

(Bloomberg) -- Symantec Corp.’s shares have slumped this year amid an internal accounting investigation and waning consumer interest in antivirus software for personal computers. Activist investor Starboard Value LP secured three board seats in a deal with the Mountain View, California-based company in September. Last week, the stock surged after a report that private equity firm Thoma Bravo had approached the cybersecurity company about a potential takeover...

Mentions: Cybersecurity Takeover Bloomberg