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Tag: divestiture

Kanders & Co. Strikes $200M Deal for L3Harris’ Antenna & Test Equipment BusinessesM&A Activity

Kanders & Co. Strikes $200M Deal for L3Harris’ Antenna & Test Equipment Businesses

Palm Beach, Florida-based investment firm Kanders & Co. has agreed to acquire certain antenna and test equipment businesses of L3Harris
VSE Strikes $120M Deal for Turbine Controls in Series of Strategic Actions; John Cuomo QuotedM&A Activity

VSE Strikes $120M Deal for Turbine Controls in Series of Strategic Actions; John Cuomo Quoted

Alexandria, Virginia-based aftermarket services provider VSE (Nasdaq: VSEC) has agreed to acquire Turbine Controls Inc. for approximately $120 million as
VSE, Bernhard Capital Partners Drop Federal & Defense Segment Deal; John Cuomo QuotedM&A Activity

VSE, Bernhard Capital Partners Drop Federal & Defense Segment Deal; John Cuomo Quoted

Aftermarket services provider VSE (Nasdaq: VSEC) and Bernhard Capital Partners have mutually agreed to cancel an approximately $100 million deal
Bernhard Capital Partners to Acquire VSE’s Federal & Defense Business; John Cuomo QuotedM&A Activity

Bernhard Capital Partners to Acquire VSE’s Federal & Defense Business; John Cuomo Quoted

Bernhard Capital Partners has signed an approximately $100 million deal to acquire the federal and defense business of aftermarket services
Report: Forcepoint Mulls Government Security Unit SaleM&A Activity

Report: Forcepoint Mulls Government Security Unit Sale

Cybersecurity firm Forcepoint is looking to divest its government security unit for over $2 billion and is working with Citigroup
Christopher Kubasik: L3Harris Eyes Potential $7.5B Shareholder Return ProgramFinancial Report

Christopher Kubasik: L3Harris Eyes Potential $7.5B Shareholder Return Program

Christopher Kubasik, vice chairman, president and chief operating officer of L3Harris Technologies (NYSE: LHX), said the company plans to return
Christopher Kubasik: L3Harris to Continue Integration, Organic Growth EffortsM&A Activity

Christopher Kubasik: L3Harris to Continue Integration, Organic Growth Efforts

Christopher Kubasik, president and chief operating officer of L3Harris Technologies and a 2020 Wash100 Award winner, told the Washington Business Journal…
DOJ Issues Asset Divestiture Requirement for CPI-General Dynamics Satcom Tech DealM&A Activity

DOJ Issues Asset Divestiture Requirement for CPI-General Dynamics Satcom Tech Deal

The Department of Justice is requiring Communications & Power Industries to sell its ASC Signal Division subsidiary and related assets in…
Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture RequirementM&A Activity

Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture Requirement

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through…
European Commission OKs UTC-Raytheon MergerM&A Activity

European Commission OKs UTC-Raytheon Merger

The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday.