Saturday, June 25, 2005
Slashdot | Symantec, Veritas Merger Approved
Slashdot | Symantec, Veritas Merger Approved: "Saturday June 25, @10:50AM
'Shareholders today voted to approve a merger between Symantec and Veritas. The deal, announced last December, was valued at $13.5 billion. However, some of Symantec's investors have backed off since then, and the merger, expected to close on July 2, is now valued at only $11 billion. Many of Symantec's products have been losing popularity recently; the merger may be good news for Veritas's competitors.'
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'Shareholders today voted to approve a merger between Symantec and Veritas. The deal, announced last December, was valued at $13.5 billion. However, some of Symantec's investors have backed off since then, and the merger, expected to close on July 2, is now valued at only $11 billion. Many of Symantec's products have been losing popularity recently; the merger may be good news for Veritas's competitors.'
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