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Tag Archives: Sale

Report: AM General Could Seek Potential Buyers

AM General has tapped financial services firm Macquarie Group to seek out buyers for the South Bend, Ind.-based military ground vehicle manufacturer, Reuters reported Tuesday. Reuters estimates AM General is worth more than $2B based on the company’s recent contract wins and its limited liability corporation structure, which could offer a …

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Bloomberg: Motorola Solutions Mulls Possible Sale

Motorola Solutions (NYSE: MSI) has sought assistance from financial advisers as it considers a sale of the company, Bloomberg reported Saturday. Alex Sherman and Brian Womack write potential buyers for the communications equipment developer could include private equity groups or other technology firms such as General Dynamics (NYSE: GD), Honeywell …

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Paul Donahue: Private Equity Firm to Acquire G4S Government Solutions

An unnamed private equity firm has agreed to purchase Florida-based security firm G4S Government Solutions for $135 million. G4S GS also changed its name to Centerra Group LLC and the renamed company will offer protection and fire support services in the federal market, Centerra said Tuesday. “The private equity firm plans …

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Exelis Buys ARC’s Air Travel Mgmt Tool; Rene Colyer Comments

Exelis (NYSE: XLS) has purchased a Web-based tool developed by travel analytics firm ARC to manage corporate air travel. FareSight works to compare average ticket prices for air travel and also analyze both air travel patterns and spending, ARC announced Wednesday. “When FareSight transitioned to general availability, we purchased the product …

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SAIC Finalizes $85M Sale of Tysons Corner HQ

Science Applications International Corp. (NYSE: SAI) will sell its 18-acre Tyson’s, Va. campus , which served as the company’s headquarters, for $85 million to The Meridian Group, the Washington Business Journal reported Monday. Daniel Sernovitz writes the transaction includes an option for Meridian to acquire a series of additional land …

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API Technologies Sells Data Bus Product Line for $33M; Bel Lazar Comments

API Technologies Corp. has sold its data bus product line to Data Device Corp. for $32.5 million in cash. The products comprise the National Hybrid brands and the MIL- STD-1553 and MIL-STD-1760 products from the U.K., API said Monday. Bel Lazar, president and CEO of API Technologies, said the company …

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