LifeLock to Be Acquired by Symantec for $2.3 Billion

On November 20, 2016, Symantec Corp. and LifeLock, Inc. announced that they have entered into a definitive agreement for Symantec to acquire LifeLock for $24 per share or $2.3 billion in enterprise value. Wilson Sonsini Goodrich & Rosati is advising LifeLock in the transaction.

The deal, which was approved by the boards of directors of both companies, is expected to close in the first calendar quarter of 2017, subject to customary closing conditions, including regulatory approval in the United States and LifeLock stockholder approval.

The WSGR team advising LifeLock in the transaction includes:

Marty Korman
Katie Martin
Brad Finkelstein
Doug Schnell
Peter Chess
Melissa Smit
Lester Ang
Diana Lorenz
Cody Gaynor

Real Estate:
James McCann
Martin Sul
Sierra Bunnell

Technology Transactions:
Kira Kimhi
Leah Duranti

Privacy and Data Protection:
Matthew Staples
Wendell Bartnick

Employee Benefits and Compensation:
John Aguirre
Jaqueline Tokuda
Christa Sanchez

Ivan Humphreys
Devin Heckman

Employment Law:
Rebecca Stuart
JeAnne Reyes

Jamillia Ferris
Christopher Williams

Corporate Finance:
John Mao
Dana Hall

Click here to the read the companies' joint press release.