Symantec Turmoil Attracts Activists, Buyers
Bain Capital, Blackstone and Carlyle Group started assessing possibility of leveraged buyout of all or parts of company
By Jean Jacques Maleval | April 17, 2014 at 2:39 pmTo read this article from ITWeb, click on:
Symantec turmoil attracts activists, buyers
The abrupt firing of Symantec CEO Steve Bennett last month is attracting activist investors and private equity firms to the US security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.