Clarification, Sept. 23, 4:42 a.m. PDT: This story originally omitted mention that the $465 million total includes consideration of cash held by Secure Computing.
Security specialist McAfee on Monday announced that it has a deal in place to acquire Secure Computing.
The merger offer is pegged at $5.75 per common share in cash, which McAfee says represents a total equity value of about $413 million. The deal also includes a cash offer for outstanding shares of Secure Computing preferred stock, valued at about $84 million. Those components, less cash held by Secure Computing, bring the total value … Read more