BindView Shareholders Approve Acquisition by Symantec.HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; -- BindView Development Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BVEW BVEW Binary View ) announced that its shareholders approved, at a special meeting of BindView shareholders held today, the company's acquisition by Symantec Corporation (NASDAQ:SYMC SYMC Symantec Corporation (stock symbol) ), under which BindView would be acquired by Symantec for a merger consideration of $4.00 per share in cash. The proposed acquisition was first announced on Oct. 3, 2005, and is described in more detail in BindView's definitive proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. filed with the Securities and Exchange Commission on Nov. 8, 2005. More than 99 percent of all votes cast at the shareholders meeting, representing more than 68 percent of BindView's outstanding shares, voted in favor of upon the side of; favorable to; for the advantage of. See also: favor the transaction, which required the approval of two-thirds of the outstanding shares. About Symantec Symantec is the global leader in information security providing a broad range of software, appliances and services designed to help individuals, small and mid-sized businesses, and large enterprises secure and manage their IT infrastructure. Symantec's Norton brand of products is the worldwide leader in consumer security and problem-solving solutions. Headquartered in Cupertino, Calif., Symantec has operations in more than 35 countries. More information is available at http://www.symantec.com. About BindView BindView Corporation is a global provider of IT security compliance software. BindView solutions remove barriers that limit an organization's ability to cost effectively demonstrate due care and maintain compliance with IT security policies and regulatory mandates. BindView policy compliance; vulnerability and configuration management; and directory and access management software combine best-practices knowledge with automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. controls to reduce risk and protect IT assets at the lowest cost across users, systems, applications and databases in multi-platform environments. More than 20 million licenses have shipped to 5,000 companies worldwide, spanning all major business segments and the public sector. Contact BindView via e-mail at info@bindview.com, on the web at http://www.bindview.com, and at 1-713-561-4000 or 1-800-749-8439. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion