CSC MAKES OFFER FOR UXC
- Tuesday, 06 October 2015
- News and Analysis
IT giant CSC has offered to buy Australian technology company UXC. The offer is for $1.28 per share for UXC, whose UXC Eclipse is its Dynamics reselling arm. That would appear to be about $305 million in cash for all shares, based on the shares outstanding when the UXC year ended on June 30. CSC had $11.7 billion in revenue for the year ended July 3 and UXC Eclipse had $125 million in revenue for its last full year, so it would be a bit swallowed up.
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