Mergers & Acquisitions

General Dynamics to Acquire CSRA for $9.6 Billion

General Dynamics to Acquire CSRA for $9.6 Billion – Combination creates the premier provider of high-tech IT solutions to Government Technology Services market – With approximately $9.9 billion in revenue and strong double-digit EBITDA margins, the combined GDIT and CSRA is well-positioned to serve its customers’ current and evolving mission requirements – Expected to generate run-rate pre-tax cost synergies of approximately 2% of combined sales by 2020 – Accretive to earnings and free cash flow per share in 2019 – Robust cash flow allows for rapid deleveraging and maintaining capital deployment flexibility PR Newswire FALLS CHURCH, Va., Feb. 12, 2018 FALLS CHURCH, Va. , Feb […]

Mergers & Acquisitions

International Soccer Investment Group, Advantage Sports Union Ltd., Acquires Significant Interest In Phoenix Rising FC

International Soccer Investment Group, Advantage Sports Union Ltd., Acquires Significant Interest In Phoenix Rising FC Bolsters Phoenix’ MLS Bid and Connects Asian, European and North American Soccer Interests PR Newswire PHOENIX, Feb. 10, 2018 PHOENIX , Feb. 10, 2018 /PRNewswire/ — Phoenix Rising Football Club is honored to announce the addition of Advantage Sports Union Ltd […]

Mergers & Acquisitions

PRP Completes Acquisition of Two Office Buildings Totaling 420,000 SF in Alexandria, Virginia

PRP Completes Acquisition of Two Office Buildings Totaling 420,000 SF in Alexandria, Virginia Investment in Mark Center buildings represents PRP’s 35th acquisition since inception PR Newswire WASHINGTON, Feb. 9, 2018 WASHINGTON , Feb. 9, 2018 /PRNewswire/ — PRP announced today its acquisition of 4900 Seminary Road and 4825 Mark Center Drive in Alexandria, Virginia , from CIII. […]

Mergers & Acquisitions

EP Energy Announces Closing of Eagle Ford Acreage Acquisition and Divestiture of Certain Altamont Acreage

EP Energy Announces Closing of Eagle Ford Acreage Acquisition and Divestiture of Certain Altamont Acreage PR Newswire HOUSTON, Feb. 9, 2018 HOUSTON , Feb. 9, 2018 /PRNewswire/ — EP Energy Corporation (NYSE: EPE) today announced that it has closed the previously announced acquisition of certain producing properties and undeveloped acreage in the Eagle Ford operating area in South Texas […]

Mergers & Acquisitions

American Woodmark Corporation Announces Early Results Of And Receipt Of Consents In The Previously Announced Tender Offer And Consent Solicitation By Its Subsidiary, RSI Home Products, Inc., For RSI’s 6½% Senior Secured Second Lien Notes Due 2023

American Woodmark Corporation Announces Early Results Of And Receipt Of Consents In The Previously Announced Tender Offer And Consent Solicitation By Its Subsidiary, RSI Home Products, Inc., For RSI’s 6½% Senior Secured Second Lien Notes Due 2023 PR Newswire WINCHESTER, Va., Feb. 9, 2018 WINCHESTER, Va. , Feb […]

Stock Analysts

Goldman (GS) to Expand Online Lending Platform’s Offerings

Per an article by Bloomberg, The Goldman Sachs Group GS is in talks to acquire a New York-based startup, Clarity Money. The bank plans to fuse the personal finance services that the startup offers with its digital consumer lending platform — Marcus by Goldman Sachs. People familiar with the matter disclosed that no deal had been finalized so far. […]

Stock Analysts

NCR Q4 Earnings Beat on Strength in Software, Services

NCR Corporation NCR reported better-than-expected results for fourth-quarter 2017. The company’s non-GAAP earnings from continuing operations of 92 cents per share surpassed the Zacks Consensus Estimate of 86 cents. The figure was toward the higher end of the company’s guided range of 83–93 cents. […]