CSRA to Be Acquired by General Dynamics for $9.6 Billion

Paul, Weiss is representing leading government IT provider CSRA in its $9.6 billion acquisition by defense contractor General Dynamics. Under the terms of the agreement, General Dynamics will commence a cash tender offer to purchase outstanding shares of CSRA common stock for $40.75 per share. Following successful completion of the tender offer, General Dynamics would acquire all remaining shares not tendered through a merger at the same price as in the tender offer. The deal is expected to be completed in the first half of 2018.

The Paul, Weiss team included, among others, partners Scott Barshay, Jeffrey Marell and Jeh Johnson; corporate partners Thomas de la Bastide, John Kennedy and Manuel Frey and counsel Stephen Koo, Kyle Seifried, Patricia Vaz de Almeida, Paul Donnelly and Frances Mi; employee benefits partner Larry Witdorchic and counsel Jarrett Hoffman; tax partner Jeffrey Samuels and counsel Alyssa Wolpin; litigation partners Geoffrey Chepiga, Lewis Clayton and Daniel Toal; intellectual property partner Chuck Googe; and antitrust counsel Marta Kelly.