CACI withdraws CSRA purchase offer

By John Liang / March 28, 2018 at 1:20 PM
CACI International announced this morning it was withdrawing its offer to buy CSRA, giving General Dynamics a clear path to purchase the latter company. CACI Chief Executive Kenneth Asbury said in a statement that his company "continues to believe that CACI and CSRA would be the superior strategic and financial business combination. The potential for such a high value and transformational transaction certainly warranted our pursuit of this unique opportunity. We will continue our aggressive pursuit of strategic opportunities, judiciously...

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