Feb 13, 2018 - CSRA Inc. (CSRA) announced Monday morning that it has agreed to be acquired by General Dynamics (GD) for $40.75 in cash, approximately $9.6 billion.
Feb 13, 2018 - “Our M&A process was broken in that we bought some businesses that were somewhat problematic. We’re past that,” says General Dynamics CEO Phebe Novakovic.
Feb 13, 2018 - Companies In The News are:
Feb 12, 2018 - On a day the major benchmarks regained some ground, CSRA soared on buyout news, and Restaurant Brands International announced strong profits and a dividend raise.
Feb 12, 2018 - Apple, Amazon.com and Netflix were among the top gainers as stocks rebounded Monday from multi-month lows hit Friday.
Feb 12, 2018 - General Dynamics' aggressive bid for CSRA Inc. is driven by the desire for the kind of scale to go after new and larger contracts in a consolidating government IT market.
Feb 12, 2018 - US Stock Market Advances Monday, Stocks: CSRA,CBOE,UA,EQT,MRO,AAPL,ULTA,SCG,VTR,EXPE,TRIP, release date:Feb 12, 2018
Feb 12, 2018 - General Dynamics is paying a steep premium to acquire this new prize.
Feb 12, 2018 - General Dynamics' (GD -0.2%) $9.6B deal for government IT services provider CSRA is pushing several other government service stocks higher, including Leidos (LDOS +2%), CACI International (CACI +3.5%
Feb 12, 2018 - General Dynamics said Monday it would acquire CSRA Inc. for $6.8 billion in cash plus $2.8 billion in debt in a move that creates the second-largest government IT and professional services player in the market.
The union creates a business with $9.9 billion in revenue — second only to Leidos after its acquisition of Lockheed Martin’s information systems and global solutions business in 2016 — and bolsters the information systems and technology business of the Falls Church, Virginia-based defense…