LifeLock in Talks for $2 Billion Take-Private Deal

  • Activist investor Elliott unveiled stake in company in June
  • Goldman Sachs working on sale of identity protection provider
Lock
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LifeLock Inc., the provider of identity-theft protection services, is in talks with several parties about being taken private, people familiar with the matter said.

Final bids for the company are due this month and could value LifeLock at about $2 billion, said the people, who asked not to be identified because they weren’t authorized to speak publicly. Buyout firm TPG is among potential suitors, two of the people said.