Network Associates says owns 96% of McAfee.com

Friday, 13 September 2002, 3:20 PM EST

Computer security provider Network Associates Inc. said it has completed an exchange offer and now owns about 96 percent of the shares of McAfee.com.

Network Associates, which in mid-August sweetened its bid for the 25 percent of McAfee.com it did not already own, said the exchange offer ended at midnight on Thursday and a total of 10.39 million McAfee.com shares were tendered for exchange.

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