Symantec snags $500 million Silver Lake investment amid turnaround effort

February 4, 2016 10:06 PM

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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: Consolidated Communications to buy FairPoint in $1.5 billion deal

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