General Dynamics to Acquire CSRA for $9.6 Billion

FALLS CHURCH, VA — General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) announced February 12, 2018 they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt.

CSRA is a leading government IT business providing next-generation technology solutions to federal customers. CSRA’s solutions are organized into six service areas: cyber; data and analytics; digital platforms; digital services; enterprise business services; and intelligent business process services.GDit

Headquartered in Falls Church, Virginia, General Dynamics (NYSE:GD) is a global aerospace and defense company that offers a broad portfolio of products and services business aviation; combat vehicles, weapon systems and munitions; C4ISR and IT solutions; and shipbuilding. The company’s 2017 revenue was $31 billion.

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CSRA participating with industry during 2017 BDPA Earth Day Tech Summit

Verizon to Buy XO’s Fiber-Optic Network

WASHINGTON—CNBC reports Verizon Communications, the No.1 U.S. wireless service provider, would buy Carl Icahn-owned XO Communications’ fiber-optic network business for about $1.8 billion.

Verizon said the deal will include XO’s fiber-based Internet protocol and Ethernet networks that will help serve its enterprise and wholesale customers.

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Dell to acquire EMC in a record $67 billion high-tech deal

Reuters – Computer maker Dell, Inc. said on Monday it had agreed to buy data storage company EMC Corp in a $67 billion record technology deal uniting two mature companies to create an enterprise technology powerhouse. Dell plans to pay $24.05 a share in cash plus tracking stock in EMC’s prize holding, VMware Inc., valued at about $9 for each EMC share, both companies said in statements Monday. Learn more…


Dell and EMC announce record tech deal.

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