Moody's Investors Service ("Moody's") withdrew all the ratings of The KeyW Corporation ("KeyW" or the "company"), including the B2 corporate family rating. On June 12, 2019, Jacobs Engineering Group Inc. completed its acquisition of KeyW. As a result of the acquisition, KeyW's rated debts were repaid.
DALLAS, June 12, 2019 /PRNewswire/ -- Jacobs (JEC) today announced that through its wholly owned indirect subsidiary, Atom Acquisition Sub, Inc., it has successfully completed its previously announced tender offer for all of the outstanding shares of common stock, par value $0.001 per share, of The KeyW Holding Corporation (KEYW), at a price of $11.25 per share, net to the seller in cash, without interest thereon and less any applicable withholding taxes. The tender offer expired at one minute after 11:59 p.m. on Tuesday, June 11, 2019. Broadridge Corporate Issuer Solutions, Inc., the depositary agent for the tender offer, has advised Jacobs that, as of the tender offer expiration, an aggregate of 39,928,947 KeyW shares were validly tendered pursuant to the tender offer, representing approximately 80% of the KeyW shares then outstanding.
West Conshohocken, PA, based Investment company Permit Capital, LLC (Current Portfolio) buys GameStop Corp, sells KEYW Holding Corp during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Permit Capital, LLC. Continue reading...