Norton Falls 4%, Avast Gains 18% As Two Discuss Merger By Investing.com
By Dhirendra Tripathi Investing.com – NortonLifeLock (NASDAQ:NLOK) stock fell 4% and Avast (OTC:AVASF) rose 18% as the two discuss a possible merger. “There can be no certainty as to whether any transaction will take place or the terms on which any possible merger may be agreed. A further announcement will be made if and when appropriate,” Avast said in a note. The Wall Street Journal was the first to report about the deal talks. Avast, citing the U.K. takeover code, said NortonLifeLock has until August 11 to make a firm offer. NortonLifeLock...
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