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Salient to Buy IT, Intel Analytics Firm ATS for $73M

Salient Federal Solutions agreed to acquire McLean, Va.-based information technology firm ATS Corp. for nearly $73 million cash, or $3.20 per share. Salient said it will start the tender offer no later than Feb. 28 and expects the tender to close either late in the first quarter or early in …

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Harris Acquisition of CapRock a Done Deal

Harris (NYSE:HRS) has finalized its planned acquisition of CapRock Communications. According to Harris, “privately held CapRock was purchased for $525 million in cash, subject to post-closing adjustments. Private equity firm ABRY Partners was the majority owner of CapRock.  The firm’s CEO Peter Shaper will serve as president of the business, …

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