Tag Archives: J.P. Morgan

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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Speedcast Makes Government Satcom Market Push Through $135M Globecomm Buy

Satellite communications company Speedcast International has agreed to purchase Hauppauge, N.Y.-based Globecomm Systems from affiliates of Tennenbaum Capital Partners and HPS Investment Partners for approximately $135M to expand footprint across the government, enterprise and maritime sectors. Australia-based Speedcast said Monday it expects the transaction to conclude in the fourth quarter of …

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Carlyle Group’s Booz Allen Ownership Stake to Become 29%

The Carlyle Group will reduce its ownership stake in Booz Allen Hamilton (NYSE: BAH) to 29 percent after the equity and investment firm sold 12 million shares to Morgan Stanley & Co. for approximately $353 billion, or $29.42 per share. Booz Allen said Monday it expects to close and settle the …

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NCR Acquires Digital Insight for $1.65B; Bill Nuti Comments

NCR Corp. (NYSE: NCR) has acquired online and mobile banking service provider Digital Insight Corp. from Thoma Bravo LLC for $1.65 billion. RBC Capital Markets LLC, J.P. Morgan and BofA Merrill Lynch served as lead financial advisors to NCR and Womble Carlyle Sandridge & Rice LLP provided legal services to …

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Rockwell Collins CEO Clay Jones to Speak at J.P. Morgan Conference

Rockwell Collins (NYSE: COL) CEO Clay Jones will speak at the J.P. Morgan Aviation, Transportation & Defense Conference on March 24, 2011 at 8:45 a.m. EST. According to the firm, “a live audio webcast and subsequent replay of Jones’ comments will be available on the company’s web site at www.rockwellcollins.com. …

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