Tag Archives: DOJ

United Technologies Corp. (NYSE: UTX) expects Chinese regulators to approve its planned $30B purchase of Rockwell Collins (NYSE: COL) within weeks, Reuters reported Tuesday. UTC CEO Greg Hayes said Tuesday in a conference call the company does not expect the U.S.-China political issues to have an impact on the deal citing UTC’s …

The Justice Department has given antitrust approval to United Technologies Corp. (NYSE: UTX) to pursue its approximately $30B acquisition of Rockwell Collins (NYSE: COL), Bloomberg reported Tuesday. UTC announced in September 2017 that it agreed to pay approximately $23B in cash and stock and assume $7B in net debt from the Cedar Rapids, …

Palo Alto Networks (NYSE: PANW) has added Richard Ledgett, former deputy director at the National Security Agency, and Christopher Painter, former top cybersecurity official at the State Department, to its public sector advisory council to help shape the company’s cyber strategy and offer advice on security and technological needs of …

TYSONS CORNER, VA, May 16, 2018 — CenturyLink (NYSE: CTL) has received approval from the Justice Department to sell Level 3 Communications assets in the Tucson, Ariz., area to Utah-based FirstDigital Telecom, ExecutiveBiz reported Tuesday. The telecommunications company said Monday it will divest fiber network platforms as part of an …

TYSONS CORNER, VA, April 25, 2018 — The Drug Enforcement Administration plans to award SOS International a potential one-year, sole-source contract for continued linguistic services in support of DEA’s mission, ExecutiveBiz reported Tuesday. Under the contract, SOSi will support DEA field divisions in Miami, New Orleans, Washington, D.C., the Caribbean and …

Suzanne Liscouski, former vice president of federal civilian agencies and client executive at NCI, has joined information technology reseller Govplace as VP of strategy and business development. Govplace said Monday Liscouski will be responsible for developing the Reston, Virginia-based company’s corporate strategy and plans for BD and capture activities. At …

Schaumburg, Illinois-based military electronics manufacturer Sparton (NYSE: SPA) and U.K.-based defense contractor Ultra Electronics have decided to abandon their $234 million merger agreement because of antitrust concerns from the Justice Department. Sparton said Monday it plans to resume negotiations with parties that previously showed interest in an acquisition deal and can immediately execute …

The Committee on Foreign Investment in the U.S. has finalized its review of the proposed acquisition of Schaumburg, Illinois-based electromechanical technology company Sparton (NYSE: SPA) by U.K.-based defense and aerospace contractor Ultra Electronics. Ultra said Monday it signed a timing agreement with the Justice Department and that the deal is still subject to antitrust …

Michael Taxay and Jeremy Haas, respectively former FBI and CIA officials focused on cybersecurity, have joined the executive leadership team at LookingGlass Cyber Solutions. LookingGlass said Tuesday it named Taxay as chief risk officer and general counsel and appointed Haas as chief security officer. Taxay will be responsible for managing significant risks that may …

The Federal Communications Commission has cleared CenturyLink‘s (NYSE: CTL) proposed $34 billion acquisition of Level 3 Communications (NYSE: LVLT). CenturyLink said Monday the FCC approval came two weeks after the California Public Utilities Commission cleared the acquisition at its Oct. 12 meeting. John Jones, senior vice president for public policy and government …