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Provider: Stock Traders Daily

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Intel Corp's McAfee Receives Finnish Ministry of Employment and the Economy's Approval for Acquisition of Stonesoft Oyj

Monday, 17 Jun 2013 08:00pm EDT 

Stonesoft Oyj announced that McAfee, Inc. and its affiliate, McAfee Suomi Funding LLC (a subsidiary of Intel Corp) has received the approval of the Finnish Ministry of Employment and the Economy for the purchase all of the issued and outstanding shares and option rights in Stonesoft that are not owned by Stonesoft or any of its subsidiaries. The Combination Agreement under which the parties agree to combine the operations of Stonesoft and McAfee was announced on May 6, 2013. The offer period under the tender offer expires on June 19, 2013. 

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29 Aug 2014