Norton’s Owner Has Approached GoDaddy. The Market Marked the Target Up 8.7 Percent and the Bidder Down 6.1.

The Financial Times reported on September 24 that Gen Digital, the Nasdaq-listed owner of Norton, Avast, LifeLock and MoneyLion, has made a takeover approach to GoDaddy. According to the FT’s Oliver Barnes, citing people familiar with the matter, the first offer “was made in recent weeks,” the talks are “at an early stage,” the exact terms “could … Continue reading Norton’s Owner Has Approached GoDaddy. The Market Marked the Target Up 8.7 Percent and the Bidder Down 6.1.