Service Change – CSRA, Inc. dropped, C&J Energy Services added

CSRA, Inc. [CSRA] is no longer included in analysis because the company completed the merger with General Dynamics [GD], C&J Energy Services [CJ] has been added to the service

CSRA, Inc. [CSRA] is no longer included in analysis because the company completed the merger with General Dynamics [GD], C&J Energy Services [CJ] has been added to the service.

FALLS CHURCH, Va. – General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). The transaction, valued at approximately $9.7 billion, is expected to be accretive to GAAP earnings per share and to free cash flow per share in 2019, and is expected to generate estimated annual pre-tax cost savings of approximately 2 percent of the combined company’s revenue by 2020.

 

Posted by Steven Albrecht