Tag Archives: Guggenheim Securities

Veritas Capital Strikes $5B Cash Deal for DXC’s State & Local Health Business; Ramzi Musallam Quoted

Veritas Capital has agreed to buy DXC Technology’s (NYSE: DXC) U.S. state and local health and human services business for $5B in cash. The transaction is expected to be completed by December, subject to regulatory approvals, receipt of third-party consents and other customary closing conditions, DXC said Tuesday.

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Nazzic Keene: SAIC Eyes Lead Spot in Federal Digital Transformation Space With Unisys Federal Unit Purchase

Reston, Va.-based contractor Science Applications International Corp. (NYSE: SAIC) has agreed to buy Unisys' (NYSE: UIS) federal arm for approximately $1.2B cash in a push to expand digital transformation technology and support offerings for the U.S. government. Nazzic Keene, CEO of SAIC and three-time Wash100 inductee, said the company aims to become a leading digitial transformation services provider to federal agencies through the acquisition.

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Perspecta Begins Trading on NYSE as Independent Firm Under CEO Mac Curtis

Perspecta has begun to trade under the ticker symbol “PRSP” on the New York Stock Exchange after it finalized its separation from DXC Technology (NYSE: DXC) and subsequent merger with Vencore and KeyPoint Government Solutions. The independent publicly traded combined company has 14,000 employees and $4.2 billion in pro-forma revenues, Perspecta said Friday. …

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DXC to Merge US Public Sector Business With Vencore, KeyPoint; Mac Curtis to Lead Combined Firm

DXC Technology (NYSE: DXC) has agreed to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions to establish a “top five” independent, publicly traded contractor within the government information technology services sector. All three companies expect to complete the merger by the end of March 2018, subject to regulatory approvals …

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