“Perspecta Inc., a provider of information technology services to public sector agencies, is considering strategic options including a possible sale, according to people with knowledge of the matter.”
“The company is working with advisers, said the people, who asked to not be identified because they weren’t authorized to speak publicly. Perspecta is expected to attract interest from rivals and private equity firms, the people said.”
“A representative for Perspecta declined to comment.”
“Perspecta shares climbed as much as 20% to $23.60 in New York on Monday, the biggest jump since March. The stock closed up 14% at $22.42, giving the Herndon, Virginia-based company a market value of $3.6 billion…” Read the full article here.
Source: Perspecta Is Said to Weigh Strategic Options Including Sale – By Kiel Porter, Nabila Ahmed, and Scott Deveau, November 9, 2020. Bloomberg.
Perspecta was recently named to the updated list of NXT UP firms poised to make big waves in the Federal sector in 2020 and for years to come.
