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Tag Archives: SEC

Proposed DXC USPS-Vencore-KeyPoint Merger to Operate as Perspecta; Mac Curtis Comments

The new company that will emerge from the proposed merger of DXC Technology (NYSE: DXC) U.S. public sector business with Vencore and KeyPoint Government Solutions will operate under the Perspecta name upon the transaction’s closure. Mac Curtis, president and CEO of Vencore, will serve as CEO of Perspecta that is expected …

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Dell Technologies Mulls Potential Merger With VMware; Pat Gelsinger Comments

Dell Technologies (NYSE: DVMT) said in its filing with the Securities and Exchange Commission Friday that its board of directors has begun to assess potential business opportunities that include a possible merger with VMware (NYSE: VMW). Round Rock, Texas-based Dell Technologies said it also considers an initial public offering of its …

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Report: James Kavanaugh to Succeed Martin Schroeter as IBM CFO

James Kavanaugh, formerly senior vice president for transformation and operations at IBM (NYSE: IBM), has been named chief financial officer of the company, Reuters reported Thursday. Kavanaugh’s appointment took effect Thursday and he will succeed Martin Schroeter, who will replace the retiring Bruno Di Leo as SVP for global markets, …

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Rockwell Collins Shareholders Set Jan. 11 Vote on UTC Deal

Rockwell Collins (NYSE: COL) is set to hold a shareholder meeting on Jan. 11 to decide on proposals associated with United Technologies Corp.’s (NYSE: UTX) proposed $30 billion acquisition of the Cedar Rapids, Iowa-based avionics contractor. Rockwell Collins said Monday shareholders of record as of Dec. 8 will be eligible to …

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Report: CSRA Lands $2.4B NSA Enterprise IT Support Recompete

CSRA (NYSE: CSRA) has secured a potential 10-year, $2.4 billion follow-on contract from the National Security Agency for enterprise information technology services, Nextgov reported Tuesday. The company said in a Sept. 5 filing with the Securities & Exchange Commission it won the recompete contract from a Defense Department agency through …

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STG Targets June 30 Closing Date for Preferred Systems Solutions Deal

Government information technology services contractor STG Group has pushed back its plan to finalize purchase of Preferred Systems Solutions from the first quarter of 2017 to the end of June. Reston, Virginia-based STG said Tuesday it raised the acquisition price of PSS to $119.8 million and offered to pay $925,000 in advance …

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CSC Shareholders OK Combination With HPE Enterprise Services Segment

Shareholders at Computer Sciences Corp. (NYSE: CSC) have approved the pending merger of CSC with Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services segment. CSC said Monday holders of approximately 84.92 percent of outstanding shares in the company voted in favor of the transaction. HPE and CSC announced the proposed merger in May 2016 …

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Former Deltek Finance VP Mark Monroe Joins PAE as Corporate Controller; John Heller Comments

Mark Monroe, former vice president of finance and corporate controller at Deltek, has joined Arlington, Virginia-based contractor PAE as corporate controller. He was most recently responsible for Deltek’s global accounting, corporate governance and financial reporting and analysis functions, as well as oversaw the financial aspects of six acquisition deals the enterprise software vendor previously …

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Engility Sells USAID Business to Research Triangle Institute

Engility Corp. (NYSE: EGL) has sold its international development services business to North Carolina-based nonprofit organization Research Triangle Institute International for $24 million as part of the former’s efforts to pay down debt and reshape its portfolio. Chantilly, Virginia-headquartered Engility said in a Monday regulatory filing it expects to record a $20 million-$30 million …

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DHI Chairman John Barter Joins Engility’s Board of Directors; Lynn Dugle Comments

John Barter, chairman of the board of directors at DHI Group (NYSE: DHX), has been elected to join Engility‘s (NYSE: EGL) board as an independent director. Engility said Dec. 27 in a regulatory filing with the Securities and Exchange Commission that Barter will also serve on the audit committee of the board …

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