Cubic said Tuesday it will remain headquartered in San Diego and stop trading on the New York Stock Exchange under the go-private transaction.
Cubic stockholders approved an amended buyout offer of Veritas and Evergreen on April 27. In late March, Cubic signed a revised agreement with the two private equity firms that would allow it to be acquired for $75 in cash per share under an all-cash transaction that includes the assumption of debt.
J.P. Morgan Securities acts as lead financial adviser to Cubic and Sidley Austin and Faegre Drinker Biddle & Reath advise the company on the deal’s legal aspects. Raymond James & Associates shared its insights on the transaction with Cubic’s board.
Skadden, Arps, Slate, Meagher & Flom serves as Veritas Capital’s legal counsel. Evergreen’s legal adviser in the transaction is Gibson, Dunn & Crutcher.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
HawkEye 360, provider of space-based signals intelligence, has acquired Innovative Signal Analysis, a Dallas, Texas-based company manufacturing high-performance signal-processing technologies.…
