The KEYW Holding Corporation
KEYW is pleased to announce the completion of the acquisition of
Poole & Associates, Inc. (Poole) that was announced on September 10, 2012. As
previously noted in our press release on September 10, 2012, the acquisition
is expected to be immediately accretive to earnings, subject to final purchase
price accounting. With the closing of this acquisition, KEYW now has over
1,000 employees, more than 800 of which hold at least a Top Secret security
clearance.
Under the previously disclosed terms of the agreement, KEYW purchased all of
the outstanding capital stock of Poole for $116.0 million in cash and 794,913
shares of KEYW stock. The number of shares of KEYW stock was calculated by
dividing $10.0 million by the average closing price of KEYW common stock as
reported on the NASDAQ Global Market over the last ten trading days ending
three calendar days prior to closing.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in