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Fly News Breaks for March 19, 2018
CACI, GD, CSRA
Mar 19, 2018 | 08:37 EDT
Jefferies analyst Sheila Kahyaoglu believes General Dynamics' (GD) bid for CSRA (CSRA) offers "considerably less risk" than CACI's competing offer given its all-cash nature. The analyst believes General Dynamics bid will persist given the lower risk. She sees a 25% of the company increasing its offer $40.75 offer for CSRA following CACI's $44 cash and stock bid.
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