NortonLifeLock bought rival Avast for $8.6bn on Wednesday with prior approval from the UK, clearing the latest hurdle to building a consumer security software giant and propelling Avast shares to an all-time high.

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NortonLifeLock bought rival Avast for $8.6bn on Wednesday with prior approval from the UK, clearing the latest hurdle to building a consumer security software giant and propelling Avast shares to an all-time high.