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Tag Archives: FTC

FTC Seeks Additional Data on Northrop-Orbital ATK Deal

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 …

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HIG Completes Tender Offer for NCI Shares, Eyes Close of Acquisition on Aug. 15

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 …

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Ex-FTC Commissioner Julie Brill to Join Microsoft as Privacy, Regulatory Affairs Corporate VP, Deputy General Counsel

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 …

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KeyW-Sotera Deal Gets FTC Green Light, Firms Target 2Q 2017 for Closure

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 …

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Dell Closes Merger With EMC, Unveils ‘Dell Technologies’ Brand

Dell and EMC have completed their $67 billion cash-and-stock merger to form enterprise information technology company Dell Technologies (NYSE: DVMT) that is forecast to generate $74 billion in annual revenue. Dell Technologies will run as a privately controlled IT firm and offer clients a portfolio of technology platforms in the areas of hybrid …

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Lockheed-Developed FTC ID Theft Recovery Website Gets ACT-IAC Award; Scott Gray Comments

TYSONS CORNER, VA, May 9, 2016 — Lockheed Martin (NYSE: LMT) and the Federal Trade Commission have received an award from the American Council for Technology and Industry Advisory Council for their identity theft recovery website, Executive Gov reported Wednesday. The company said Tuesday ACT-IAC gave the Impacter Dynamite Award to the team for IdentityTheft.gov, …

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GovCon Wire Editor Ross Wilkers Discusses Defense 1Q Earnings Season on ‘National Defense Week’ Radio Program

TYSONS CORNER, VA May 3, 2016 — Ross Wilkers, lead journalist for GovCon Wire and online editor for Executive Mosaic media properties,  was interviewed for a radio segment scheduled to air Sunday morning on first quarter earnings reports from U.S. defense contractors and Wall Street’s current perceptions of the sector. Washington-based WMAL in March …

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Weekly Roundup April 11 – April 15 2016: FTC, DOJ Speak on Defense Consolidation & more

April 11 – April 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among companies in the government services sector over the last half-decade has inevitably led market observers to ponder the prospects of merger-and-acquisition deals between the largest GovCon platform and product …

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FTC Approves Dell’s $67B EMC Purchase

The Federal Trade Commission has given Dell the green light to continue its approximately $67 billion cash-and-stock acquisition of enterprise data storage company EMC (NYSE: EMC). FTC approved the potential EMC-Dell combination after a 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired Monday, EMC said Tuesday. “Our teams are …

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Justice Dept, FTC Clear Thoma Bravo’s $4B SolarWinds Purchase

The Justice Department and Federal Trade Commission have given antitrust clearance to Silver Lake and Thoma Bravo for the private equity firms’ $4.5 billion acquisition of information technology company SolarWinds (NYSE: SWI). Both agencies gave their notice Friday to end the required 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of …

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