Experts say M&A activity is continuing throughout the recession, but having fewer dollars to spend makes buyers more particular and focused.
CGI Group has effectively acquired Stanley Inc., having completed its cash tender offer for all outstanding shares of the government contractor based in Arlington, Va. Stanley will become a wholly owned subsidiary of CGI Federal.
CGI Group Inc. will design, build and manage a chronic disease management system and portal in Ontario under a six-year, $46.2 million contract with eHealth Ontario, a provincial government agency.
CGI Fairfax Corp. has once again extended its cash tender offer to purchase all outstanding shares of common stock of Stanley Inc. for $37.50 per share.
CGI Fairfax Corp. has again extended its cash tender offer to purchase all outstanding shares of common stock of Stanley Inc. for $37.50 per share in cash. The purchase price is expected to be approximately $1 billion.
CGI Fairfax Corp., a wholly owned subsidiary of CGI Federal Inc., has extended its cash tender offer to purchase all outstanding shares of common stock in Stanley Inc.
CGI Group is taking the next steps in its previously announced cash bid to acquire Stanley Inc.
CGI Federal Inc. will continue to upgrade Web sites for the Centers for Medicare and Medicaid Services under a five-year contract worth $73.2 million.
CGI Group will acquire Stanley Inc. for $1 billion in a cash deal that will more than double the company's U.S. federal business.
CGI balances its federal government business by bringing critical defense and intelligence customers on board with the Stanley acquisition.
CGI Federal Inc. was a big winner in recent weeks with a $395 million nod from the State Department and USAID, and although four pairs makes for a suspicious-sounding poker hand, four contractors weren’t complaining.
CGI Federal Inc. will provide systems integration and other information technology services to the State Department and the U.S. Agency for International Development under a 10-year blanket purchase agreement that could be worth as much as $395 million.