Stockholders at Cubic (NYSE: CUB) voted Tuesday to approve an amended buyout offer of Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management. Holders of approximately 70.3 percent of Cubic’s shares issued and outstanding as of March 18 voted in favor of the merger agreement, Cubic said Tuesday. In late March, Cu...
Cubic (NYSE: CUB) has agreed to be acquired by Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management, for approximately $3 billion, or $75 in cash per share under a revised proposal. The all-cash transaction includes the assumption of debt and Cubic said Wednesday its board considered the revised offer of Singapo...
Singapore-based ST Engineering decided to increase its offer to acquire Cubic (NYSE: CUB) from $76 to $78 in cash per share after Veritas Capital and a private-equity arm of Elliott Management raised their bid for the San Diego-based defense and transit technology company from $70 to $72 a share, The Wall Street Journal reported Monday....
Cubic (NYSE: CUB) has received an unsolicited offer from Singapore-based ST Engineering to buy the San Diego-based company’s outstanding stock for $76 in cash per share. Cubic said Monday the latest proposal would be “superior” to a buyout offer from Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Manageme...
TYSONS CORNER, VA, October 28, 2020 — ST Engineering's VT Halter Marine subsidiary and Mississippi Gulf Coast Community College partnered to train apprentices in shipbuilding work, ExecutiveBiz reported Oct. 7....
TYSONS CORNER, VA, July 22, 2020 — ST Engineering North America's MAK Technologies subsidiary updated a synthetic training platform with new tools designed to help customers simulate and visualize real-world scenarios, ExecutiveBiz reported July 10....
ST Engineering has partnered with the city of Pensacola in Florida to bring 1.7K aircraft maintenance jobs to the region, the Pensacola News Journal reported Tuesday....
ST Engineering has dissolved its VT Systems International subsidiary and consolidated business operations in the U.S....
ST Engineering has acquired Glowlink Communications Technology through its iDirect Government subsidiary for approximately $25M....
VT Systems will adopt the name ST Engineering North America and the group corporate brand, effective June 30....
