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Category: M&A Activity

IBM-Red Hat Merger Receives EU ApprovalM&A Activity

IBM-Red Hat Merger Receives EU Approval

IBM (NYSE: IBM) has secured unconditional approval from the European Commission for its proposed acquisition of Red Hat (NYSE: RHT) for $34B…
Metis Buys Pluribus in Intell Community Expansion Push; Christopher Wynes QuotedM&A Activity

Metis Buys Pluribus in Intell Community Expansion Push; Christopher Wynes Quoted

Metis Solutions has finalized its acquisition of Alexandria, Va.-based intelligence services contractor Pluribus International for an undisclosed sum in an effort…
L3, Harris Target June 29 Closing Date for All-Stock Merger; Christopher Kubasik QuotedM&A Activity

L3, Harris Target June 29 Closing Date for All-Stock Merger; Christopher Kubasik Quoted

Harris (NYSE: HRS) and L3 Technologies (NYSE: LLL) set June 29, Saturday, as the closing date for their all-stock merger deal…
Harris, L3 Get DOJ Antitrust Clearance for Proposed MergerM&A Activity

Harris, L3 Get DOJ Antitrust Clearance for Proposed Merger

The Department of Justice has given L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) an antitrust approval to advance their merger through an all-stock…
McAleese & Associates: L3, Harris to Spend 4% of Combined Sales on Independent R&DM&A Activity

McAleese & Associates: L3, Harris to Spend 4% of Combined Sales on Independent R&D

A McAleese & Associates report says the merged company of L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) would invest…
AECOM Board OKs Management Services Group Spinoff PlanM&A Activity

AECOM Board OKs Management Services Group Spinoff Plan

The board of directors at AECOM has approved the company’s plan to separate its management services business as a new publicly traded…
Peraton to Buy Solers in National Security Space Tech Portfolio Push; Stu Shea QuotedM&A Activity

Peraton to Buy Solers in National Security Space Tech Portfolio Push; Stu Shea Quoted

Peraton has agreed to acquire Arlington, Va.-based information technology and satellite ground systems provider Solers for an undisclosed sum to…
Raytheon-UTC Deal Comes as DoD Eyes New Priorities; Pierre Chao Offers Insight on M&A TrendM&A Activity

Raytheon-UTC Deal Comes as DoD Eyes New Priorities; Pierre Chao Offers Insight on M&A Trend

The planned merger between Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) comes as the aerospace-and-defense sector anticipates slower growth in the Department…
Jacobs Concludes Tender Offer for KeyW AcquisitionM&A Activity

Jacobs Concludes Tender Offer for KeyW Acquisition

Jacobs Engineering Group (NYSE: JEC) has concluded a tender offer to acquire all the outstanding shares of common stock of KeyW…
Thomas Kennedy on Features of Raytheon-UTC Merger DealM&A Activity

Thomas Kennedy on Features of Raytheon-UTC Merger Deal

Thomas Kennedy, chairman and CEO of Raytheon (NYSE: RTN), told Defense News in an interview published Tuesday about the features…