|Bid||222.11 x 500|
|Ask||0.00 x 0|
|Day's Range||224.10 - 226.90|
|52 Week Range||183.72 - 230.00|
|PE Ratio (TTM)||23.58|
|Earnings Date||Apr 24, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||3.72 (1.67%)|
|1y Target Est||247.78|
General Dynamics boosted its offer for CSRA in an effort to fend off the unsolicited bid for the federal information technology provider from rival CACI International.
In keeping with its usual trend the U.S. defense industry witnessed a generous flow of funds from the Pentagon over the trailing five sessions.
CACI INTERNATIONAL INC Common Stock (NYSE: CACI ) announced a $44-per-share cash and stock offer for CSRA Inc (NYSE: CSRA ), trumping the $40.75-per-share all-cash deal the latter agreed to with General ...
General Dynamics' revised offer under a merger agreement with CSRA's board represents an equity value of $6.9 billion or $41.25 per share in cash, compared with the prior $6.8 billion or $40.75 per share. The revised bid from General Dynamics for CSRA, a provider of information technology and related services to the U.S. defense department, is just shy of CACI's $41.79 per share cash-and-stock offer, based on CACI's closing price on Monday. Given the all-cash nature of General Dynamics's offer, it has considerably less risk and may prevail over CACI's bid, analysts have said.
(Reuters) - U.S. defence contractor General Dynamics (GD.N) on Tuesday raised its offer for sector peer CSRA Inc (CSRA.N) to $9.7 billion (£7 billion), including $2.8 billion in debt, in an attempt to ...
General Dynamics Corp. and CSRA Inc. have amended their merger agreement in the wake of a competing cash-and-stock bid from CACI International.
Shares of CSRA Inc. rose 0.9% in premarket trade Tuesday, after General Dynamics Corp. raised its per-share bid to buy the information technology company, in the wake of a rival bid from CACI International ...
FALLS CHURCH, Va., March 20, 2018 /PRNewswire/ -- General Dynamics (GD) and CSRA (CSRA) today announced that they have entered into an amendment to their definitive merger agreement under which General Dynamics will acquire all outstanding shares of CSRA for $41.25 per share in cash, an increase from the prior $40.75 per share offer. The transaction is now valued at $9.7 billion, including the assumption of $2.8 billion in CSRA debt. In connection with the amended merger agreement, CSRA's Board of Directors determined that the previously announced unsolicited proposal from CACI International, Inc to acquire CSRA could not reasonably be expected to lead to a Company Superior Proposal (as defined in the merger agreement).
CACI has upped the ante for government IT firm CSRA, hoping to disrupt General Dynamics' planned $9.6 billion acquisition. The dealmaking frenzy appears likely to continue well into the future.
With an ROE of 25.47%, General Dynamics Corporation (NYSE:GD) outpaced its own industry which delivered a less exciting 11.91% over the past year. Superficially, this looks great since we knowRead More...
General Dynamics' deal with CSRA could be in trouble as CACI made a rival bid for the information-technology provider late Sunday.
CACI International has made a $7.2 billion cash-and-stock offer to acquire CSRA Inc. in a bid to break up the government IT services company’s blockbuster sale to General Dynamics Corp. CSRA confirmed the unsolicited proposal Sunday night. Falls Church-based CSRA (CSRA) agreed to be acquired by General Dynamics Feb. 12 , with CSRA's board unanimously signing off on the offer because it was a $6.8 billion all-cash deal (along with the assumption of $2.8 billion in debt).
General Dynamics (GD) believes that CACI'S offer overstates the real value to CSRA shareholders and understates the involved risk.
CACI International (CACI) intends to acquire CSRA for $44.00 per share as it seeks to benefit from a pickup in government spending under Trump's administration.
General Dynamics Corp., the maker of Abrams tanks and Gulfstream business jets, is sticking with its $6.7 billion offer to acquire information-technology company CSRA Inc. after a smaller suitor jumped ...
Facebook fell sharply early Monday after disclosing that Cambridge Analytica mined data from 50 million users. The S&P 500 is likely to undercut its 50-day again.
The move comes after CSRA agreed last month to sell itself to General Dynamics, another defense contractor, for $40.75 per share in cash, as companies in the sector seek to position themselves for a pickup in government spending under U.S. President Donald Trump's administration. CACI has a market capitalization of $3.9 billion, compared with CSRA's $6.7 billion.
The move comes after CSRA agreed last month to sell itself to General Dynamics, another defence contractor, for $40.75 per share in cash, as companies in the sector seek to position themselves for a pickup in government spending under U.S. President Donald Trump's administration. CACI has a market capitalization of $3.9 billion (2.80 billion pounds), compared with CSRA's $6.7 billion.
CACI International Inc. has made a roughly $7.2 billion bid to buy CSRA Inc. in an attempt to break up the information-technology provider’s sale to General Dynamics Corp.
- General Dynamics tender offer to acquire CSRA for $9.6 billion in cash scheduled to expire April 2, 2018 - General Dynamics 100% cash offer provides superior value to CSRA shareholders versus CACI unsolicited ...
FALLS CHURCH, Va., March 18, 2018 /PRNewswire/ -- CSRA Inc. (CSRA), a leading provider of next-generation IT solutions and professional services to government organizations, today confirmed receipt of an unsolicited proposal (the "Proposal") from CACI International Inc. (CACI) to acquire all of the outstanding shares of CSRA common stock for a combination of CACI common stock and cash, consisting of CACI common stock based on a fixed exchange ratio of 0.184 shares of CACI common stock for each share of CSRA common stock, and cash equal to $15.00 per share.
U.S. defense contractor CACI International Inc said on Sunday it had offered to merge with larger peer CSRA Inc, seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp . The move comes after CSRA agreed last month to sell itself to General Dynamics, another defense contractor, for $40.75 per share in cash, as companies in the sector seek to position themselves for a pickup in government spending under U.S. President Donald Trump's administration.