Boeing Announces Agreement to Acquire Argon ST
* Acquisition advances Boeing's strategy for growth in C4ISR, cyber and intelligence markets * Combined business will offer affordable, network-based capabilities to meet the mission-critical needs of Boeing's domestic and international customers * Combination creates robust synergy opportunities by leveraging Boeing's platform solutions with Argon ST's deep expertise * Acquisition expected to have an immaterial impact on earnings ST. LOUIS -- The Boeing Company [ NYSE: BA ] and Argon ST [ NASDAQ: STST ] today announced that they have entered into an agreement for Boeing's acquisition of Argon ST in an all cash tender offer and merger for $34.50 per share, or approximately $775 million, net of cash acquired.
Categories: Homeland Security Tags: business, business announcements, combined, financial markets, intelligence, markets
