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Exclusive: Buyout firm Thoma Bravo approaches Symantec about acquisition - sources

Reuters  |  NEW YORK 

(Reuters) - firm has approached Corp to express interest in acquiring the U.S. company, people familiar with the matter said on Tuesday.

There is no certainty that the discussions between and will lead to a deal, the sources said, asking not to be identified because the matter is confidential.

and did not immediately respond to requests for comment.

Symantec reached a settlement with activist hedge fund Starboard Value in September that gave it three representatives on the company's board. firms and are also investors in Symantec.

(Reporting by and in New York; Editing by Bill Rigby)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 21:55 IST
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