NODE 69f53818FYI!!!! - NETA to buy TIS
"Steve Orrin" <sorrin@syndata.com>Mon, 23 Feb 1998 08:40:29 -0800 (PST)
Hot off the Press:
http://biz.yahoo.com/snp/980223/tisx_dtp_m_1.html
Monday February 23, 10:21 am Eastern Time
Trusted Information Systems to Be Acquired by Network Associates
TRUSTED INFORMATION SYSTEMS INC. Signs Definitive Agreement to Be Acquired
by
Network Associates Inc.
Feb. 23, 1998, Network Associates Inc. (Nasdaq:NETA - news) and Trusted
Information Systems Inc. (Nasdaq:TISX -
news) said they signed a definitive agreement under which NETA will acquire
TISX in a transaction valued at over
$300,000,000.
Each TISX share will be exchanged for 0.323 of a NETA share.
Subject to approval by TISX stockholders, among other conditions, the
transaction is expected to close within about 90 days.
A Picture Tells A Thousand Words.
STEGO