NortonLifeLock (NLOK) completes Avast acquisition, to change name - Phoenix Business Journal

With the acquisition effective on Sept. 12, trading in Avast shares on the London Stock Exchange were suspended, and its shares were delisted. Avast is based in Prague, Czechoslovakia, where the newly combined entity will maintain a second headquarters.

The new company name"reflects the forward-thinking vision and scale of its comprehensive Cyber Safety platform and trust-based solutions for consumers around the world," NortonLifeLock said in a regulatory filing Monday. No date was set for the announcement of the new name. The merged company will serve more than 500 million users around the globe by combining NortonLifeLock’s focus on identity protection and Avast’s expertise in privacy and antivirus.

“Half a billion users trust us to protect and empower their digital lives, and now that NortonLifeLock and Avast have come together, we plan to redefine and reimagine Cyber Safety for consumers and small businesses around the world, ” Vincent Pilette, CEO of NortonLifeLock and the combined company, said in a statement.

On a provisional basis, stockholders holding 36.5% of Avast shares elected the majority stock option comprising 0.1937 new NortonLifeLock shares and $2.37 in cash per Avast share, with the remaining 63.5% due to receive the majority cash option comprising 0.0302 new NortonLifeLock shares and $7.61 in cash per Avast share. The aggregate consideration due, pursuant to the merger, comprises 94,201,223 new NortonLifeLock shares and cash consideration of approximately $5,970,761,620.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Week Ahead: Stocks Set To Resume Corrective Rally On Technicals | Investing.comMarket Overview Analysis by Pinchas Cohen/Investing.com covering: Nasdaq 100, XAU/USD, S&P 500, Dow Jones Industrial Average. Read Pinchas Cohen/Investing.com's latest article on Investing.com $TSLA to the moon, then Mars (EOW). Delicious charts, nutritious too 👌
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

California-based Panattoni Development plans new Phoenix office, hires local leader - Phoenix Business JournalA longtime commercial executive in the Phoenix region was recently hired to lead this company's new Valley office and oversee its plans for future industrial development.
출처: phxbizjournal - 🏆 254. / 63 더 많은 것을 읽으십시오 »

Nikola (NKLA) founder Trevor Milton set to begin fraud trial on Monday - Phoenix Business JournalTrevor Milton, the founder and former executive chairman at Nikola, is headed for the courtroom to face four separate counts brought by federal prosecutors. Milton was originally charged with civil and criminal fraud last year and federal officials added another count against him earlier this year.
출처: phxbizjournal - 🏆 254. / 63 더 많은 것을 읽으십시오 »

Arizona traffic crashes, fatalities jump in 2021 - Phoenix Business JournalADOT’s latest Arizona Motor Vehicle Crash Facts report released this week found that the number of people killed in traffic collisions was up 12% in 2021. Here are the trends.
출처: phxbizjournal - 🏆 254. / 63 더 많은 것을 읽으십시오 »

Nicola Wealth Real Estate and Hopewell Development partner on Valley industrial projects - Phoenix Business JournalThe developers have more plans in the works for the East Valley. They are moving forward with two separate projects that will total nearly 500,000 square feet in industrial space.
출처: phxbizjournal - 🏆 254. / 63 더 많은 것을 읽으십시오 »

Amancio Ortega buys Philadelphia distribution center from Arizona REIT - Phoenix Business JournalThe Spanish billionaire who bought the property is ranked by Bloomberg as the 25th richest person in the world. phoenix
출처: phxbizjournal - 🏆 254. / 63 더 많은 것을 읽으십시오 »