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Tag Archives: company spinoff

David Keffer: Long-Term View, Cultural Integration Key to CSRA’s Strategy Post-Merger

TYSONS CORNER, VA, March 31, 2016 — David Keffer, chief financial officer of CSRA (NYSE: CSRA), has indicated that contract recompetes and extensions are part of the company’s growth strategy as it moves forward in its first year of trading on the New York Stock Exchange, ExecutiveBiz reported Wednesday. “[A] lesson …

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November 30 Morning Report: CSRA to Replace CSC in GovCon Index, S&P 500

Federal technology services contractor CSRA (NYSE: CSRA) will replace Computer Sciences Corp. (NYSE: CSC) in the GovCon Index effective Monday morning. The change comes after the completion of CSC’s spinoff of its North American public sector business and that unit’s merger with SRA International. CSRA is based in Falls Church, Virginia, and offers …

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Larry Prior to Lead CSC’s Future US Public Sector Business Spinoff

Larry Prior, executive vice president and general manager of Computer Sciences Corp.‘s (NYSE: CSC) North American public sector business, has been selected to hold president and CEO titles for the company’s planned U.S. public sector spinoff. Prior’s appointment will require approval by the future Computer Sciences Government Services board of directors, CSC said …

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Reports: Symantec Talks Potential Veritas Sale to Carlyle Group for $8B

Symantec (Nasdaq: SYMC) and private equity firm Carlyle Group are discussing the potential $7 billion to $8 billion sale of the former’s Veritas data storage business unit, Bloomberg reported Wednesday. Alex Sherman, Kiel Porter and Jordan Robertson write that negotiations on the potential deal’s terms are still underway. Sources told Bloomberg that interested …

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