Software Industry Leaders Symantec and VERITAS Software To Merge

Symantec and VERITAS Software announced that the companies have entered into a definitive agreement to merge in an all-stock transaction. Based on Symantec’s stock price of $27.38 at market close on December 15, 2004, the transaction is valued at approximately $13.5 billion. The transaction is expected to close in 2Q2005. More

Symantec and VERITAS Software announced that the companies have entered into a definitive agreement to merge in an all-stock transaction. Based on Symantec’s stock price of $27.38 at market close on December 15, 2004, the transaction is valued at approximately $13.5 billion. The transaction is expected to close in 2Q2005. More

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