Industry News: Cyber

Advent Says Revenues, Not Virus, Justify Breaking Forescout Deal

Written by Cybersecurity | Jun 5, 2020 2:00:14 PM

2020-06-02

Bloomberg Law: Advent International Corp. is arguing in Delaware court that it can walk away from its planned $1.9 billion take-private buyout of Forescout Technologies Inc. over the cybersecurity company’s precipitous revenue decline, whether it was caused by the Covid-19 pandemic or not.

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