FireEye Inc

+0.41 (+2.02%)
Debt Financing / Related, Divestitures / Spin-offs, Share Repurchases

Fireeye Says To Sell Fireeye Products Business To Consortium Led By Symphony Technology Group In All-Cash Deal For $1.2 Billion

Published: 06/02/2021 22:23 GMT
FireEye Inc (FEYE) - Fireeye Says to Sell Fireeye Products Business, Including Fireeye Name, to Consortium Led by Symphony Technology Group in All-cash Deal for $1.2 Billion.
Fireeye Says Deal Will Separate Fireeye’s Network, Email, Endpoint, Cloud Security Products From Mandiant’s Controls-agnostic Software and Services.
Fireeye Says Board Authorizes Share Repurchase Program of Up to $500 Million.
Fireeye Says Fireeye Products Business and Mandiant Solutions Will Continue to Operate As a Single Entity Until Deal Closes.
Fireeye Says Ubs Investment Bank and Jefferies Finance Llc Are Providing Financing to Stg for the Transaction.