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Blue Coat to Be Bought by Thoma Bravo for $1.3 Billion

Blue Coat Systems Inc., a maker of Internet-security software, agreed to be bought by an investor group led by led by Thoma Bravo LLC for about $1.3 billion.

Stockholders will receive $25.81 in cash for each share, Sunnyvale, California-based Blue Coat said today in a statement. That’s a premium of 48 percent over yesterday’s closing price and 52 percent over the 20-day trailing average price before today.