Home / M&A Activity / DynCorp Acquisition Official; Bill Ballhaus Comments

DynCorp Acquisition Official; Bill Ballhaus Comments

DynCorp International’s acquisition by Cerberus Capital Management is a done deal, the firm reports.

“With this announcement, DynCorp International enters an exciting new chapter, ” said Bill Ballhaus, DynCorp International’s President and Chief Executive Officer. “Built on six decades of trusted performance for the U.S. government, this solid foundation will only be strengthened by the operational and financial expertise that Cerberus brings. I look forward to continuing on our path of growth and excellence in the areas of defense, diplomacy and development.”

As a result of the merger, DynCorp International’s common stock will no longer be listed for trading on the New York Stock Exchange effective at the close of business on July 7, 2010.

To read more about Bill Ballhaus, click here.

Check Also

GovConIndex Ends the Week Down While Major Indices Close Mixed

GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire …

Lockheed Gets $93M Navy Contract Modification for MUOS Satellite Support Services

Lockheed Martin (NYSE:LMT) has received a $92.9 million modification from the U.S. Navy to provide engineering and interim …

Subscribe to our Newsletter
I will subscribe later