Spotlight
An archive of past spotlight issues.
The martinwolf team tracks noteworthy mergers and acquisitions, and offers
commentary on issues that impact our industry.
March 27,2018
CACI bid fails to hijack General Dynamics’ Acquisition of CSRA
Information technology specialist CACI has submitted an unsolicited proposal to CSRA to acquire all outstanding shares of the latter’s common stock, potentially disrupting up a $9.6 billion acquisition of CSRA by General Dynamics.
The proposal announced Sunday includes a combination of CACI common stock and cash, totaling $44 per share ($29 CACI stock, plus $15 cash).
Read the full article here.