Wall Street Journal: The $7.68 billion deal to buy security-software specialist McAfee Inc. is running into close scrutiny by European officials that could at least delay completing the high-profile transaction.The Silicon Valley giant swung to a second-quarter profit of nearly $3 billion—compared with a loss in the year-earlier period because of an antitrust fine—on a 34% revenue jump that easily topped projections by the company and Wall Street analysts. Read more…..
Hat tip to Sanjeev Kulkarni.