Looking to create the world’s leading microbial control business, Lonza Group Ltd (one of the world’s leading suppliers to the pharmaceutical, healthcare and life science industries) has agreed to commence a tender offer for 100% of outstanding shares of common stock Arch Chemicals Inc. (ARJ) at a price of $47.20 per share in cash.
SRA International Inc. (SRX) reported that it is one of the awardees on the Department of Veterans Affairs’ Transformation Twenty-One Total Technology program.
The indefinite delivery, indefinite quantity, multiple-award task order contract has a five-year base period, with a ceiling of $12 billion.
According to reports, The Blackstone Group is finalizing a new $15 billion fund, the largest fund for buyout deals since the financial crisis erupted and one of the largest on record.
IDT Corporation (NYSE:IDT) has initiated an offer to exchange shares of its outstanding Common Stock for shares of Class B Common Stock (NYSE:IDT). For each outstanding share of Common Stock, IDT is offering to exchange one share of Class B Common Stock.