Harris Corporation to Acquire Exelis for $4.75B
Harris Corporation (NYSE:HRS) and Exelis, Inc. (NYSE:XLS) have announced that Harris will acquire Exelis in a cash and stock transaction valued at an approximately $4.75 billion enterprise value, or $23.75 per share. The Boards of Directors of both companies have unanimously approved the acquisition agreement, and the transaction, which is expected to close in June
Anatomy of a Merger and Acquisition: Salient Federal Solutions CHRO Kay Curling Talks Strategy
What makes a successful merger and acquisition? For Kay Curling, the Chief Human Resources Officer (CHRO) at Salient Federal Solutions, Inc, the key is consistency. The M&A guru has facilitated 19 transactions — five in her current post, and the remaining with three area federal contractors, where she developed the consistent M&A regimen she now
AMERICAN SYSTEMS Buys SAIC’s Testing and Evaluation Unit
Government IT services contractor, AMERICAN SYSTEMS, has signed a deal to purchase SAIC’s test and evaluation unit to bolster its current testing, scientific and engineering services. “AMERICAN SYSTEMS identified the test & evaluation market as a key element of our strategic plan several years ago, and while we have made significant inroads into that community,
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