Belcamp-based SafeNet Inc. delays annual report
Daily Record, The (Baltimore), Mar 15, 2007 by Daily Record Staff
Enmeshed in an internal audit of past stock-option backdating practices, Belcamp-based SafeNet Inc., which makes products to protect communications over the Internet, said in a regulatory filing with the Securities and Exchange Commission that has delayed filing its annual report. SafeNet, which is being acquired by buyout firm Vector Capital Corp.
for $634 million, told the SEC that it will file the report "as soon as practicable."
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