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Israel-Based Edgybees Unveils US Entity to Offer Georegistration Software to Government Clients

Looking for the latest Government Contracting News? Check out our story: Israel-Based Edgybees Unveils US Entity to Offer Georegistration Software to

Learn How Neology is Helping Communities around the World at the IBTTA Technology Summit 2023

Learn How Neology is Helping Communities around the World at the IBTTA Technology Summit 2023
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Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
financialcontent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialcontent.com Daily Mail and Mail on Sunday newspapers.

Veritas, Evergreen Coast Capital to Buy Cubic for $2 8B; Ramzi Musallam, Bradley Feldmann Quoted

Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management, have agreed to acquire Cubic (NYSE: CUB) for approximately $2.8 billion, or $70 in cash per share. The all-cash transaction includes the assumption of debt and is expected to be finalized during the second quarter of 2021, subject to regulatory clearances, shareholder approval and other customary closing conditions.

Cubic Corp to become private business

Cubic Corp to become private business 09 February 2021 by Marc Selinger American private equity firms Veritas Capital and Evergreen Coast Capital have agreed to acquire US-based Cubic Corporation in a USD2.8 billion deal that will convert the publicly traded company into a private entity, Cubic announced on 8 February. Cubic is based in San Diego, California. (Credit: Cubic) Ramzi Musallam, CEO and managing partner of Veritas, said his firm plans to use its expertise in the government technology market to “accelerate product development and drive growth” at Cubic, which works in defence and transportation. Bradley Feldmann, Cubic’s chairman, president, and CEO, said Cubic shareholders will receive a “significant premium”, and the business will gain a “premier, deeply experienced partner” to help fuel its growth.

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