Vector Capital Taking Aladdin Knowledge Systems Private

Vector Capital is has agreed to acquire Israeli security software company Aladdin Knowledge Systems (Nasdaq: ALDN), for approximately $160 million. Aladdin shareholders would receive $11.50 per share in cash, which is a 20% premium to last Friday’s closing price. Last year, Aladdin rejected a $13 per share offer from Vector. Wells Fargo Foothill has committed to provide leveraged financing for the buyout.

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