Tag: spin off

Exelis to Spin Off Military, Gov’t Services Business; David Melcher Comments

Exelis‘ board of directors (NYSE: XLS) has approved a plan to spin off the company’s military and government services business

June GovCon M&A Activity Recap

Specialty cybersecurity and business analytics companies were in demand in the GovCon acquisition market in June, as a ship repair

L-3 Board OKs Engility Spinoff Stock Distribution; Michael Strianese Comments

L3 Communications’ (NYSE: LLL) board of directors has approved the distribution of the remaining shares of its Engility subsidiary to

David Melcher Comments on Completed ITT Spinoffs

  ITT Corp. (NYSE: ITT) has completed its previously announced separation plan, retaining its core industrial offerings and spinning off

L-3 to Spin Off Some Government Services Into New Company; Strianese Comments

L-3 Communications (NYSE: LLL) will spin off a new, publicly-traded government services company to its shareholders called Engility. Engility will