BRIEF-Seair announces default on senior debt
* Seair Inc - defaulted on terms of its senior debt senior debt and is currently in negotiations with its creditors to develop a restructuring plan
(Corrects second paragraph to say the deal is expected to reduce, not add to, the company's adjusted profit in the first full year after deal closing)
Dec 2 Akamai Technologies Inc, whose products help move content quickly over the Internet, said it will buy cloud-based security provider Prolexic Technologies Inc for about $370 million.
The acquisition of Prolexic, which safeguards data centers and enterprise IP applications against hacker attacks, is expected to reduce the company's adjusted profit by 6-8 cents per share in the first full year after the deal's closing.
The acquisition is expected to close in the first half of 2014. (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Joyjeet Das)
* Sets regular quarterly dividend of $0.2425 per share Source text for Eikon: Further company coverage:
Feb 24 Citigroup Inc on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.