Home / Search Results for: Cerberus

Search Results for: Cerberus

Cerberus to Acquire Sparton; Tarek Ajouz Quoted

New York-based private equity firm Cerberus Capital Management has agreed to pay $18.50 in cash for each outstanding share of Sparton’s (NYSE: SPA) common stock. Sparton said Wednesday its board of directors cleared the transaction, which is expected to conclude in the first quarter of calendar year 2019. Tarek Ajouz, a managing director …

Read More »

Cerberus to Buy 70% Stake in Navistar’s Defense Business

New York-based private equity firm Cerberus Capital Management has agreed to purchase a 70 percent controlling stake in Navistar International’s (NYSE: NAV) defense business for an undisclosed sum. Michael Sanford, co-head of private equity and senior managing director of Cerberus, said in a statement published Monday the company plans to …

Read More »

Report: Cerberus Eyes Potential Sale of DynCorp

Private equity firm Cerberus Capital Management is considering putting DynCorp International up for sale in a deal that could be worth at least $1.3 billion, Reuters reported Thursday. Sources told Reuters that Cerberus has tapped two investment banks to help seek offers from potential acquirers of the defense contractor. The …

Read More »

DynCorp Stockholders OK Merger with Cerberus

DynCorp International Inc. (NYSE: DCP) stockholders have approved the merger agreement with certain affiliates of Cerberus Capital Management. The firm released the following statement: “The affirmative vote of the holders of a majority of the outstanding shares of Class A common stock, par value $0.01 per share, of the Company …

Read More »

DynCorp Agrees to be Acquired by Cerberus for $1.5 Billion

Private investment firm Cerberus Capital Management will acquire DynCorp International (NYSE: DCP) for roughly $1.5 billion, according to a DynCorp press release. DynCorp’s news release said that its board of directors will recommend that stockholders approve the transaction.  According to the deal’s terms, stockholders will receive $17.55 in cash for …

Read More »

Executive Mosaic’s Weekly GovCon Round-Up: e4e Acquisition, Recent M&A Activity and Top 10 Stories

Weekly Roundup May 21 – May 25, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: e4e Acquisition, Recent M&A Activity and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Philippines Growth Fuels Executive Mosaic’s e4e Acquisition   Executive Biz recently highlighted how the Philippines plans to build a potential $14 …

Read More »

Lockheed Awarded $327M UK Aerial Surveillance System Devt Contract

Lockheed Martin’s (NYSE: LMT) U.K. arm has received a potential $327 million contract to develop an airborne surveillance system for integration with the U.K. defense ministry’s fleet of Merlin HM Mk2 helicopters. The contract for the Crowsnest aerial surveillance program covers initial provisioning of spares as well as demonstration and manufacturing work, …

Read More »

Trending 40 Recognizes GovCon Industry Pros in 2016’s Top DC Corporate Counsels List

TYSONS CORNER, VA, Aug. 22, 2016 — Veteran Moving Forward‘s Laurence Grayer, Cerberus‘ Gregory Nixon and Booz Allen Hamilton‘s (NYSE: BAH) Josh Petty have been selected by Trending 40 for the events program’s list of top corporate counsels in Washington, D.C., GovConExecutive reported Thursday. The list, published on Trending 40’s website, also features Mitre‘s Julie Bowen, AT&T‘s (NYSE: …

Read More »

Thomas Manning, Judith Reinsdorf Appointed to D&B Board of Directors; Sara Mathew Comments

Thomas J. Manning and Judith A. Reinsdorf have joined D&B‘s (NYSE: DNB) board of directors, effective June 12. The company expects to leverage the two executives’ management backgrounds to help further the company’s goals, D&B said June 12. “Tom’s expertise in technology and business innovation on a global scale and …

Read More »