The Traderszone Network

Published in TZ Latest News 11 August, 2015 by The TZ Newswire Staff

Symantec to sell Veritas to Carlyle-led group for $8 billion

Symantec’s shares rose about 7 percent in premarket trading on Tuesday. Symantec said it expected to receive about $6.3 billion in net cash proceeds from the deal, which is expected to close by Jan. 1. Reuters reported earlier on Tuesday that Symantec would sell Veritas to Carlyle.