Wednesday, June 28, 2006

Vector Capital Lowers Offer for Watchguard Tech (WGRD) to $4.65

In an amended 13D filing with the SEC on WatchGuard Technologies Inc. (Nasdaq: WGRD), 9.4% holder Vector Capital said after an extensive due diligence investigation they are lowering their offer for the company from $5.10 to $4.65 per share, subject to the satisfactory completion of confirmatory due diligence and definitive agreements.


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