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11/8/2021 0 Comments McAfee Corp. Special Dividend IDeaA week ago, I saw some news that McAfee Corp. would be giving a special dividend of $4.50 and from that news sprang this idea. Company Introduction: McAfee Corp. is a cybersecurity software company headquartered in San Jose, USA. The company provides antivirus, cloud, and endpoint security solutions to consumers, enterprises, and governments. The company has a long history - but to keep it short. In 2011 it was bought by Intel for $7.7 billion. In 2017, McAfee officially spun out of Intel and became a standalone security player again. The new owners with a majority stake at 51% share are private equity firm TPG Capital. Another PE firm, Thomas Bravo, has also joined as a minority investor through an agreement with TPG. Intel was still there with a 49% share. This valued the company at $4.2 billion. Then in October 2020, McAfee went public again.
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