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.
John Heneghan, president of ECS, received the 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson. The seasoned executive was recognized with his…
Adam Toy, a seasoned senior solutions architect, has been promoted to chief technology officer at Rancher Government Solutions. The secure enterprise open-source…
