Home / Tag Archives: M&A Activity (page 77)

Tag Archives: M&A Activity

GeoEye Schedules Shareholder Vote on DigitalGlobe Merger

GeoEye (NASDAQ: GEOY) shareholders will meet in a special session Dec. 3 to vote on the company’s proposed merger with DigitalGlobe (NYSE: DGI). In a release, GeoEye said the meeting will take place at 11 a.m. at its Herndon, Va. headquarters. Shareholders of record as of the close of business Oct. …

Read More »

Carl Icahn Makes $3B Offer for Oshkosh

Activist investor Carl Icahn offered on Thursday to buy all outstanding shares of military truck manufacturer Oshkosh Corp. for $3 billion, or $32.50 per share, according to Bloomberg. Icahn, who is the company’s largest shareholder with a 9.45 percent stake, made an offer that is 21 percent higher than Oshkosh’s …

Read More »

BAE-EADS Merger Called Off

The proposed $45 billion merger between aerospace and defense giants BAE Systems and EADS has been called off, BBC News reports. The firms faced a 5 p.m. deadline Wednesday to decide on a way forward in negotiations, which likely would have involved a request to ask the U.K. government for …

Read More »

BAE-EADS CEOs to Review Merger Talk Progress as Wednesday Deadline Approaches

Ian King and Tom Enders, the respective CEOs of BAE Systems and EADS, are meeting Tuesday to review progress on a potential merger before making a decision on how to proceed, Bloomberg reports. Citing two sources familiar with the talks, Bloomberg reports the French and U.K. governments have agreed to …

Read More »

CSC Buys Big Data Analytics Firm 42Six; Sashi Reddi Comments

Computer Sciences Corp. (NYSE: CSC) has acquired a Maryland-based software developer that focuses on big data processing, analytics and advanced applications support for defense and intelligence customers. CSC did not disclose terms of its acquisition of 42Six Solutions in a release. “Data services and analytics capabilities are rapidly becoming essential …

Read More »

Report: EADS CEO Tom Enders Tells Employees BAE Merger Talks ‘Constructive’

Discussions with governments on a potential merger between BAE Systems and EADS have been constructive, EADS’ CEO has reportedly told employees. Bloomberg obtained a letter to EADS employees from CEO Tom Enders, where he said he was pleased with the progress of talks so far as the companies attempt to …

Read More »

ICF Buys Energy Analytics Tech Firm Assets; Sudhakar Kesavan Comments

ICF International (NASDAQ:ICFI) has purchased the assets of a Boulder, Colo.-based technology firm that makes an analytical platform for utilities to manage energy consumption and programs. ICF said it has hired seven employees from Symbiotic Engineering, who will continue development work on the cloud computing-based Sustainability Information Management System platform. …

Read More »

Nick Wakeman: If EADS Merger Closes, BAE May Shed $2B Intell Business

In a Thursday column for Washington Technology, editor Nick Wakeman explored potential implications should BAE Systems and EADS close on a deal to merge, with effects reverberating in Europe and the U.S. Wakeman reports a source told him BAE may have to sell its estimated $2 billion intelligence business to comply …

Read More »

Engility Realigns: John Heller to Head Operations, John Craddock Lead Customer Relationships

Engility Corp. (NYSE: EGL), which spun off from L-3 Communications (NYSE: LLL) into a standalone company in July,  announced Wednesday it is realigning into a central operating group with four business units. As of Jan. 1, 2013, the Chantilly, Va.-based contractor will operate units specializing in services for training and mission support, technology, …

Read More »

Report: BAE, EADS Combination Talks at ‘Advanced Stage’

BAE Systems and EADS are discussing a potential combination with talks at an advanced stage, Bloomberg reports. If the deal goes through, BAE would retain its independence to operate in the U.S. defense market, a source told Bloomberg. Linda Hudson, CEO of BAE’s U.S. subsidiary, recently said the potential of …

Read More »