Tag Archives: Evercore

Raytheon, UTC Announce All-Stock Merger; Thomas Kennedy, Greg Hayes Quoted

Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have agreed to merge in an all-stock deal that will establish a platform-agnostic technology provider within aerospace and defense segments. The combined company will operate as Raytheon Technologies and be headquartered in the greater Boston metro area upon the deal’s completion, which is expected in the first half of 2020, the firms said in a joint statement published Sunday.

Read More »

UTC to Split Into Three Firms After Rockwell Collins Deal Completion; Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) has announced plans to divide into three independent companies after it completed its $30B purchase of Rockwell Collins (NYSE: COL). UTC said Monday it will combine its aerospace systems business with Rockwell Collins to form Collins Aerospace Systems and expects the transaction to be $0.15 to $0.20 …

Read More »

General Dynamics Raises Offer to Acquire CSRA

General Dynamics (NYSE: GD) has increased the value of its proposal to acquire CSRA (NYSE: CSRA) from $40.75 per share to $41.25 per share, or approximately $6.9 billion in cash, under an amended merger agreement. General Dynamics said Tuesday it will also assume $2.8 billion in net debt from the …

Read More »

General Dynamics to Buy CSRA in Potential $9.6B Deal; Phebe Novakovic, Larry Prior Comment

General Dynamics (NYSE: GD) has agreed to acquire CSRA (NYSE: CSRA) for approximately $9.6 billion in a move to form a combined information technology platforms provider in the government IT services sector. General Dynamics said Monday it will pay $40.75 in cash for each share of CSRA stock and assume …

Read More »

TTM Inks $775M Cash Deal for Anaren to Expand Defense & Aerospace Electronics Portfolio

TTM Technologies (Nasdaq: TTMI) has agreed to buy East Syracuse, New York-based microwave microelectronics provider Anaren from private equity firm Veritas Capital for approximately $775 million cash. TTM said Sunday the deal will help expand its products portfolio through the addition of Anaren’s radio frequency subsystems and components for aerospace …

Read More »

Hugh Evans: Veritas Capital Eyes Cyber Market Growth Through BeyondTrust Purchase

An affiliate of Veritas Capital will purchase cybersecurity firm BeyondTrust from Insight Venture Partners for an undisclosed sum in a move to pursue growth with enterprise and government clients. “We expect the cybersecurity market to benefit from increasing regulatory/compliance requirements, high-profile breaches and complexity of the IT environment, ” Hugh Evans, a partner at Veritas Capital, said Tuesday. BeyondTrust …

Read More »