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NLOK - NortonLifeLock said to be in talks to buy Avast to expand in consumer software
NortonLifeLock Inc.
NortonLifeLock (NLOK) stock drops 1.4% a report that the cybersecurity software company is in talks to buy European firm Avast (AVASF), a deal that would broaden its focus on consumer software.The deal could value Avast at more than $8B, Dow Jones reports, assuming a deal premium to its GBP 5.2B ($7.2B) market value.Avast makes free and premium security software in both desktop and mobile-device versions.