CACI international shares are trading higher after the company announced it will acquire Azure Summit Technology for $1.275 billion in cash. The deal is expected to close by the second quarter of FY2025.
Portfolio Pulse from Benzinga Newsdesk
CACI International's stock is rising following its announcement to acquire Azure Summit Technology for $1.275 billion in cash, with the deal expected to close by Q2 FY2025.
September 16, 2024 | 2:54 pm
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CACI International's stock is trading higher after announcing a $1.275 billion acquisition of Azure Summit Technology, expected to close by Q2 FY2025.
The acquisition of Azure Summit Technology is a significant strategic move for CACI, likely to enhance its technological capabilities and market position. The market has reacted positively, as indicated by the rise in CACI's stock price.
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