Mario Gabelli Comments on Sourcefire Inc.

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Jan 03, 2014

Sourcefire Inc. (3.0%) (FIRE - $75.92 - NASDAQ) (FIRE), based in Columbia, MD, provides cybersecurity technologies – both hardware and software – to enterprises and government agencies worldwide. On July 23, 2013, Cisco announced it would acquire Sourcefire for $76.00 cash per share. The $2.7 billion merger currently has all required regulatory approvals. The shareholder vote is scheduled on October 7, and the deal should close shortly thereafter.

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From Mario Gabelli's third quarter 2013 commentary.