Tag Archives: FTC

CACI International (NYSE: CACI) has agreed to purchase a General Dynamics (NYSE: GD) business unit for approximately $80 million, the Washington Business Journal reported Tuesday. Sources said the transaction involves CSRA’s former systems engineering and acquisition services unit that performed work for Naval Sea Systems Command and was acquired by General …

Northrop Grumman (NYSE: NOC) wrapped up its approximately $9.2 billion purchase of Orbital ATK on Wednesday and will now run the newly acquired company as its fourth business sector called Northrop Grumman Innovation Systems. Blake Larson, most recently chief operating officer at Orbital ATK, has been elected by the board as …

The Federal Trade Commission has given Northrop Grumman (NYSE: NOC) antitrust approval to proceed with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Tuesday the FTC clearance calls for it to make solid-rocket motors available to competitors on “a non-discriminatory basis” and that it expects to close the deal …

The European Commission has approved a deal for Northrop Grumman (NYSE: NOC) to acquire Orbital ATK (NYSE: OA) for approximately $9.2 billion. Northrop said Monday it continues to support the Federal Trade Commission in its effort to evaluate the transaction. The European Commission’s decision came nearly a month after Kathy Warden, …

Kathy Warden, president and chief operating officer at Northrop Grumman (NYSE: NOC), has said the company will establish a new business sector once the Falls Church, Virginia-based defense contractor completes the $9.2 billion purchase of Orbital ATK (NYSE: OA), Inside Defense reported Thursday. Warden told analysts Thursday that Blake Larson, COO …

The Federal Trade Commission has given antitrust approval to DXC Technology (NYSE: DXC) to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions. FTC issued Friday a notice of early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, DXC said Wednesday. DXC originally announced the …

The Federal Trade Commission has issued Northrop Grumman (NYSE: NOC) a second request for additional data associated with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Wednesday it received the request as FTC reviews the transaction as part of the regulatory process. The request for additional information came a …

Private investment firm H.I.G. Capital has closed a tender offer of $20.00 per outstanding share of NCI (Nasdaq: NCIT) common stock Saturday as part of the former’s pending $283 million cash acquisition of the Virginia-based government information technology firm. The companies said Monday the tender offer covers 7,424,366 shares of Class A common stock …

Julie Brill, former commissioner of the Federal Trade Commission, has been named corporate vice president and deputy general counsel for privacy and regulatory affairs at Microsoft (Nasdaq: MSFT). Brill will directly report to Brad Smith, president and chief legal officer at Microsoft, and will begin her new position by the …

The Federal Trade Commission has given its approval for KeyW‘s (Nasdaq: KEYW) proposed $235 million all-cash acquisition of Sotera Defense Solutions. The FTC terminated the required 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the early termination notice brings the deal a step closer to completion, KeyW said Monday. KeyW first announced the …