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Oshkosh Closes Pratt Miller Buy; John Pfeifer Quoted
Oshkosh (NYSE: OSK) has closed its acquisition of engineering company Pratt Miller in a debt- and cash-free transaction worth approximately $115M. “This acquisition will allow us to leverage Pratt Miller’s experience and innovation in areas such as artificial intelligence, robotics, autonomous and connected systems and electrification, positioning our Company for future growth,” said John Pfeifer, president and chief operating officer of Oshkosh.
Leidos Closes 1901 Group Buy; Roger Krone, Gerry Fasano Quoted
Leidos (NYSE: LDOS) closed its $215M cash acquisition of 1901 Group, a provider of managed information technology and cloud platforms in public and private sectors, a month after it announced the transaction.