Symantec Battles Skepticism of Investors, The New York Times, 7 Jan 2005
“Executives from Symantec and Veritas Software have been scrambling this week to persuade investors that their proposed $13.5 billion deal, the largest in the software industry, makes sense. But the share price of Symantec has continued to slide since word emerged on Dec. 14 that the company was in talks to acquire Veritas, making the sales pitch for the transaction, an all-stock deal, even more of a challenge. Investors' apparent lack of confidence in the deal, which is expected to close in the second quarter, has prompted analysts to speculate that a rival bidder may swoop in with a counteroffer for Veritas.�
Full story at http://www.nytimes.com/2005/01/07/technology/07symantec.html?ex=1262926800&en=d81808fd59f353b4&ei=5088&partner=rssnyt
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