Symantec snags $500 million Silver Lake investment amid turnaround effort

February 4, 2016 10:06 PM

16 0

Symantec's third quarter was also better than expected with a largely in line outlook.

Private equity firm Silver Lake will invest $500 million in security vendor Symantec, which will use the money to buy back shares and issue a $4 dividend to shareholders.

Also read: Facebook Provides a Preview of Its Privacy Makeover

Read more

To category page