November 21, 2016 / 2:07 AM / 8 months ago

Symantec agrees to buy LifeLock for $2.3 billion in cash: media

1 Min Read

The Symantec booth is seen during the 2016 Black Hat cyber-security conference in Las Vegas, Nevada, U.S. August 3, 2016.David Becker

(Reuters) - Computer security software manufacturer Symantec Corp. (SYMC.O) will acquire LifeLock Inc. LOCK.N for $2.3 billion in cash, according to a tweet from CNBC, citing Dow Jones.

The Wall Street Journal also reported the deal for $2.3 billion, a 16 percent premium on LifeLock's Friday closing share price, citing a person familiar with the matter.

Reporting by Dion Rabouin; Editing by Sandra Maler

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