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Websense to go private for $907 million |
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Yahoo! Tech/Internet News
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05/20/2013 at 08:47:05 |
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(Reuters) - Websense Inc said it had agreed to be taken private by Vista Equity Partners in a deal that values the online security firm at about $907 million. The offer of $24.75 per share represents a roughly 29 percent premium to Websense's Friday close on the Nasdaq. "After detailed discussions with several potential acquirers, the Websense board of directors is pleased to approve this agreement," Chairman John Carrington said. Vista Equity is a private equity firm that invests primarily in software companies and has about $6 billion in assets. ...
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