Tag: M&A
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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…
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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. Read more…
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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…