Viewed from a certain angle, Falls Church, Va.-based Computer Sciences Corp. looks like a case study of everything people think is wrong with American capitalism: Misleading investors through rosy accounting.
After the corporate bifurcation, approved by the company's board, CSC CSC 4.26% Global Commercial will focus on Fortune 1000 companies—consulting with them on information technology infrastructure and their cloud strategies.
CSRA Inc. (NYSE:CSRA) announced that it has completed its separation from Computer Sciences Corporation (NYSE:CSC) and is now an independent public company trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “CSRA.
Given the Washington location of Communities Digital News (CDN) and given the fact that many CSC employees and other investors own shares of the company, we've decided to provide a detailed account of how the transaction will be done.
A combination of Falls Church-based Computer Sciences Corp.'s (NYSE: CSC) $4.06 billion North American Public Sector business spun off from the parent and the $1.39 billion Fairfax-based SRA International Inc., CSRA will be a next-generation, purely ...