Wednesday, April 4, 2007

Altiris Shareholders Approve Symantec Acquisition

Lindon, Utah-based Altiris announced Wednesday afternoon that its stockholders have approved the firm's acquisition by Symantec. The deal, which is worth approximately $830M, is expected to close on Friday, April 6th. The deal was approved by the firm's stockholders at a special meeting today at the firm's headquarters, the company said. Publicly held Altiris will cease trading on the Nasdaq on completion of the acquisition, which calls for each Altiris stockholder to receive $33 per share of Altiris common stock in cash.