On Wednesday, several investor publications, including Barron's Tech Trader Daily and TheStreet led with the rumor that Microsoft (NASDAQ: MSFT) may be courting Symantec (NASDAQ: SYMC), citing investor boards across the Internet.
For many rumormongers, a research note issued by Jefferies & Company analyst Katherine Egbert lent even more credence to a likely takeover of Symantec.
"We doubt a near-term sale is on tap, but we do sense some shareholder angst with the current state of Symantec," Egbert wrote in her note.
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