ATLANTA, GA. — Internet Security Systems shareholders approved the $1.3 billion buyout of the company by IBM on Monday.
IBM agreed to ISS for $28 a share on Aug. 23. ISS shares (Nasdaq: ISSX) traded at $27.96 on Monday.
The IBM-ISS deal is expected to close on Oct. 23. At that time ISS will operate as a subsidiary of IBM.
ISS: www.iss.net
