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Symantec In The Lead To Acquire Lifelock: Sources


Ron Burgundy
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The Symantec booth is seen during the 2016 Black Hat cyber-security conference in Las VegasSymantec Corp is in the lead to acquire LifeLock Inc following an auction for the U.S. identity theft protection services company, people familiar with the matter said on Sunday. The deal would expand Symantec's consumer offerings after its $4.65 billion acquisition in August of Blue Coat Inc, which helps companies maintain security over the internet. It would also represent a victory for activist hedge fund Elliott Management Corp, which had pushed LifeLock to explore its options.




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