Tag Archives: merger

Kingswood Closes Versar Acquisition, Names New CEO for Project Mgmt Firm

Versar has gone private after the close of its acquisition by an affiliate of investment firm Kingswood Capital Management via a tender offer of $0.15 per outstanding share and a second-step merger. The formerly publicly traded project management company said Tuesday the new capital structure serves to build on its long-term strategic goals. …

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Leidos’ Roger Krone to Talk Innovation, Gov’t Market Trends at Oct. 13 Event

TYSONS CORNER, VA, Oct. 3, 2017 — Leidos (NYSE: LDOS) CEO Roger Krone will deliver the keynote address at a Northern Virginia Technology Council event in Tysons Corner, Virginia, on Oct. 13 and discuss the company’s culture geared toward innovation, GovCon Executive reported Sept. 26. NVTC said Sept. 26 Krone, an inductee into …

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DigitalGlobe, MDA Shareholders OK $3.6B Merger Deal

Shareholders at DigitalGlobe (NYSE: DGI) and Canada-based MacDonald, Dettwiler and Associates have separately approved the deal originally announced in February for MDA to buy the Westminster, Colorado-based Earth imaging services provider in an estimated $3.6 billion transaction. Holders of approximately 93 percent of shares in DigitalGlobe voted to approve the merger and that 81 …

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MDA-DigitalGlobe M&A Deal Focused on Satellite Imagery, Earth Observation Services

TYSONS CORNER, VA, May 25, 2017 — The upcoming $3.6 billion acquisition of DigitalGlobe (NYSE: DGI) by MacDonald, Dettwiler and Associates is anticipated to boost the latter’s satellite manufacturing business and diversify its satellite services, ExecutiveBiz reported Wednesday. Space News reported Tuesday the deal will also work to build on MDA’s …

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CSC, HPE Services Division Unveil Combined IT Services Firm DXC Technology

Computer Sciences Corp. and Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services division have officially launched DXC Technology (NYSE: DXC) to offer a range of information technology services to public and private sector clients. DXC’s management team rang the opening bell Monday on the New York Stock Exchange to mark the first trading day for the company. CSC …

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Jim Reagan, Leidos CFO, Inducted Into 2017 Wash100

Executive Mosaic, Tysons Corner, VA March 30, 2017 — Jim Reagan, chief financial officer of Leidos, has been added to this year’s Executive Mosaic Wash100 for his leadership in post-merger synergy. The Wash100 is the premier group of private and public sector executives selected by Executive Mosaic’s organizational and editorial …

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Roger Krone, CEO of Leidos, Inducted Into 2017 Wash100

Executive Mosaic, Tysons Corner, VA March 27, 2017 — Roger Krone, CEO of Leidos Holdings, has been chosen for this year’s Executive Mosaic Wash100 for his leadership in mergers and integration. The Wash100 is the premier group of private and public sector executives selected by Executive Mosaic’s organizational and editorial leadership …

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CenturyLink, Level 3 Shareholders OK $34B Merger Deal

Shareholders at CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have separately approved the deal originally announced in October 2016 for CenturyLink to buy Level 3 for approximately $34 billion in a cash-and-stock transaction. Holders of approximately 81.2 percent of all outstanding shares in Level 3 voted in favor of the merger …

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Joe Ayers, Public Sector VP & GM at HPE EG, Added to 2017 Wash100

Executive Mosaic, Tysons Corner, VA March 15, 2017 — Joe Ayers, vice president and general manager for the federal enterprise group at Hewlett Packard Enterprise, has been named to this year’s Executive Mosaic Wash100 for his leadership in systems integration and data storage. The Wash100 is the premier group of private …

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NASA Vet William Parsons Joins PAE-BWXT JV S3 as President

William “Bill” Parsons, an 18-year NASA veteran, has been named president of Syncom Space Services, a joint venture of PAE and BWX Technologies (NYSE: BWXT). Parsons will oversee S3’s operations at NASA that include management of facility operations, test and manufacturing services and maintenance requirements at Stennis Space Center in …

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