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Chiquita rejects banana buyout

2014-10-17 00:12:56| BBC News | Business | UK Edition

US firm Chiquita rejects an offer from Brazilian billionaires Joseph Safra and José Luís Cutrale that would have valued the firm at $1.3bn, saying the offer was 'inadequate'.

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Computer Sciences Got Better With Age for Buyout Firms: Real M&A

2014-10-11 14:12:29| IT Services - Topix.net

The technology consulting firm's chief executive officer Mike Lawrie has cut costs, lifted margins and boosted free cash flow. That's made CSC a better business, even as it has gotten cheaper for potential buyers.

Tags: real ma age computer

Why haven't reports of a potential CSC buyout rallied Wall Street?

2014-10-11 00:01:14| IT Services - Topix.net

Talk of potential acquisition has accelerated in the last year, as CEO Mike Lawrie's aggressive attempts to trim costs as part of a corporate turnaround paid off in earnings and stock price. It's been 10 days since reports broke that Computer Sciences Corp. is talking to private equity firms about a possible buyout.

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Computer Sciences talks to Blackstone, Bain on buyout - Bloomberg

2014-09-30 19:48:12| IT Services - Topix.net

Computer Sciences Corp has contacted private equity firms including Blackstone Group LP and Bain Capital LLC to gauge their interest in a leveraged buyout, Bloomberg reported. The talks are at an early stage and may not result in a deal, according to people with knowledge of the matter, Bloomberg said.

Tags: computer sciences talks bloomberg