Network Associates is aiming to acquire all the shares of McAfee.com that it doesn't already own. The company currently owns approximately 75% of McAfee.com, but is facing resistance from a special committee formed by the board of McAfee, that has described the offer to buy the remaining minority stake in the company as "financially inadequate." Network Associates spun off McAfee in 1999, raising about $75 million.
Network Associates is aiming to acquire all the shares of McAfee.com that it doesn’t already own. The company currently owns approximately 75% of McAfee.com, but is facing resistance from a special committee formed by the board of McAfee, that has described the offer to buy the remaining minority stake in the company as financially inadequate. Network Associates spun off McAfee in 1999, raising about $75 million.
