Leidos to acquire Lockheed Martin’s Information Systems & Global Solutions Business

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On January 26, 2016 Lockheed Martin (Lockheed) announced that it has entered into a definitive agreement to separate and combine its Information Systems & Global Solutions (IS&GS) business segment with Leidos Holdings, Inc. (Leidos) in a tax-efficient Reverse Morris Trust (RMT) transaction. The transaction, which is expected to close in the second half of 2016, is anticipated to unlock approximately $5.0 billion in estimated enterprise value for the Lockheed stockholders, including a $1.8 billion one-time special cash payment to Lockheed. The RMT transaction requires Lockheed shareholders to maintain majority ownership of the combined company. As such, Lockheed stockholders will receive …read more

Read more here:: Aronson Capital Partners


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