March 19, 2018 / 4:21 AM / a month ago

BRIEF-General Dynamics To Proceed With All Cash Offer To Acquire CSRA

March 19 (Reuters) - General Dynamics Corp:

* GENERAL DYNAMICS TO PROCEED WITH ALL CASH OFFER TO ACQUIRE CSRA

* ‍INTENDS TO PROCEED WITH ITS TENDER OFFER TO ACQUIRE ALL OUTSTANDING SHARES OF CSRA INC FOR $40.75 PER SHARE IN CASH​

* CONTINUES TO BELIEVE COMBINATION CREATES A PREMIER PROVIDER OF HIGH-TECH IT SOLUTIONS TO GOVERNMENT TECHNOLOGY SERVICES MARKET

* CONTINUES TO BELIEVE ITS PROPOSED ACQUISITION OF CSRA OFFERS SUPERIOR VALUE FOR CSRA’S SHAREHOLDERS​

* “‍BELIEVES STRONGLY THAT ITS PROPOSED ACQUISITION OF CSRA OFFERS BOTH SUPERIOR AND CERTAIN VALUE FOR CSRA SHAREHOLDERS”​

* CO ‍HAS SECURED ALL NECESSARY REGULATORY APPROVALS AND HAS FUNDING IN PLACE TO COMPLETE TRANSACTION IN EARLY APRIL​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below