FALLS CHURCH, Va. – General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) today announced that 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. More
Tysons, VA, Oct. 11, 2017 – DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company, today announced that its board of directors has unanimously approved a plan to combine its U.S. Public Sector (USPS) business with Vencore Holding Corporation and KeyPoint Government Solutions to form a separate, independent publicly traded company to serve U.S. public sector clients. More
Michael J. Urfirer to speak at Washington Technology | Power Breakfast INSIGHTS & OPPORTUNITIES: Inside CSRA on April 19, 2016 More
As we looked at the 80 mergers and acquisitions that closed during 2015, one deal quickly emerged as the favorite among our panel of experts.
It wasn’t the biggest deal of the year as measured by dollars, though it was quite large. But the unusual deal that was crafted by Computer Sciences Corp. and SRA International was a game changer. More
Falls Church, VA, Nov. 30, 2015—CSRA Inc. (NYSE: CSRA) today announced that it has completed its separation from CSC (NYSE: CSC) and is now an independent public company trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “CSRA.” Additionally, CSRA completed its planned combination with SRA International, Inc. (SRA). This morning, members of the CSC and CSRA leadership teams will ring the NYSE Opening Bell® to mark the milestone More
FALLS CHURCH, Va.–(BUSINESS WIRE)–Sep. 21, 2015– CSC (NYSE: CSC), a global leader in next-generation IT services and solutions, today announced it has closed the acquisition of Fruition Partners, the leading provider of technology-enabled solutions for the service-management sector and the largest ServiceNow-exclusive service-management consulting firm. The acquisition bolsters CSC’s ability to offer enterprise and emerging clients an expanded range of cloud-based service-management solutions to improve their business results through organizational efficiency and lower operating costs More
CSC has entered into a definitive agreement to combine its government services unit, Computer Sciences Government Services (CSGov), with SRA upon the spin-off of that unit, plans for which were announced in May.
SRA is owned by a shareholder group led by Providence Equity Partners and SRA’s founder, Dr. Ernst Volgenau, as well as members of its management team. The transaction with SRA is targeted to close before the end of November 2015, upon the separation of CSC’s government services unit. That separation is intended to qualify as a tax-free transaction to CSC shareholders.More
CSC (NYSE: CSC), a global leader in next-generation IT services and solutions, today announced it has signed an agreement to acquire Fruition Partners, the leading provider of technology-enabled solutions for the service-management sector and the largest ServiceNow-exclusive service management consulting firm. The proposed acquisition will enable CSC to offer enterprise and emerging clients an expanded range of cloud-based service-management solutions to improve their business results through organizational efficiency and lower operating costs. ServiceNow is a CSC strategic alliance partner. More