http://bloomberg.com/apps/news?pid=20601082&refer=canada&sid=a4bwhir5TTXY By Matt Townsend Bloomberg Jan. 23, 2009 VeriSign Inc., the largest manager of computers that direct Internet traffic, agreed to buy security- software maker Certicom Corp. three days after Research In Motion Ltd. withdrew its bid. VeriSign will buy all of Certicom’s outstanding stock for C$2.10 a share, or C$92 million ($73 million), the companies said today in a statement. The offer is 26 percent more than Certicom’s closing price of C$1.67 yesterday on the Toronto Stock Exchange. Certicom went to court to block Research In Motion’s C$1.50- a-share bid until it could review the deal. The Ontario Superior Court of Justice ruled in favor of Certicom on Jan. 19, preventing its shareholders from accepting the BlackBerry-maker’s offer. Research In Motion withdrew the next day. Mississauga, Ontario-based Certicom jumped 67 cents, or 40 percent, to $2.34 at 3:59 p.m. in Toronto trading. VeriSign, based in Mountain View, California, fell 6 cents to $18.46 on the Nasdaq Stock Market. [...] _______________________________________________ Best Selling Security Books & More! http://www.shopinfosecnews.org/Received on Sun Jan 25 2009 - 22:13:23 PST
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