The long and winding history of cybersecurity software company McAfee took another interesting twist today when an investor consortium consisting of six investment firms announced that they were purchasing the company for $14 billion.
That purchase amount is based on a stock price of $26 per share, which the company said represented a 22.6% premium on the stock’s closing price last Thursday. It’s worth noting that stock closed up 20% on Friday, giving it a market cap slightly over $11 billion as of the close of markets on Friday.
The consortium consists of Advent International, Permira Advisers, Crosspoint Capital Partners, Canada Pension Plan Investment Board, GIC Private Limited and a wholly owned subsidia …
