Rumor: FireEye Targeted By Cisco, But Similar Past Reports Have Come Up Empty

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Shares of
FireEye IncFEYE
were trading lower by more than 3 percent on Tuesday, but quickly erased nearly all losses and was trading higher by more than 3 percent following unconfirmed market chatter that the company is being eyed as an acquisition target by
Cisco Systems, Inc.CSCO
.
Investors and traders should take note that FireEye's name has been mentioned many times in the past as a potential takeover target. Wall Street analysts
expressed mixed views when similar rumors surfaced in the past, and ultimately no acquisition was announced.
Posted In: NewsRumorsMoverscyber securitycyber security stocksDeal ReporterRumours
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