US EditionJacobs Announces Determination of Post-Closing Adjustments Relating to the Critical Mission Solutions Separation Transaction
- Jacobs, on April 10, 2025, declared it received $70 million and rights to 7,299,065 Amentum shares.
- The payments relate to the combination of Jacobs' CMS and Cyber & Intelligence businesses with Amentum.
- Post-Closing adjustments to working capital and merger consideration are represented by these amounts, as per agreements.
- Jacobs used the $70 million to repay debt; Amentum represents 3% of outstanding shares.
- Jacobs intends to distribute Amentum shares pro rata to shareholders, pending Board approval.
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Jacobs Announces Determination of Post-Closing Adjustments Relating to the Critical Mission Solutions Separation Transaction
DALLAS, April 10, 2025 /PRNewswire/ -- Jacobs (NYSE:J) announced that it received $70 million and the right to receive 7,299,065 shares of common stock in Amentum Holdings, Inc. (NYSE: AMTM) in connection with the combination of Jacobs' Critical Mission Solutions…
·Denton, United States
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