May 6, 2013 / 6:20 AM / 4 years ago

McAfee launches offer for Finland's Stonesoft

HELSINKI, May 6 (Reuters) - Intel Corp’s security software division McAfee launched a tender offer to buy smaller rival Stonesoft for 4.50 euros per share, the Finnish company said on Monday.

The offer for Stonesoft, with a share capital of 1.15 billion euros ($1.5 billion), represents a 128 percent premium compared with the shares’ 1.97 euros closing price on Friday.

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