CACI Makes Bid for CSRA, Seeking to Break Up General Dynamics Deal

CACI bid values CSRA at $44 a share in cash and stock, or about $7.2 billion

CACI International Inc. has made a roughly $7.2 billion bid to buy CSRA Inc. in an attempt to break up the information-technology provider’s sale to General Dynamics Corp.

CACI has offered $44 per share in cash and stock, the company said in a statement Sunday, confirming an earlier report by The Wall Street Journal. The bid consists of $15 a share in cash and the rest in stock. That compares with the $40.75-a-share all-cash deal CSRA agreed to last month with General Dynamics that has yet to close.

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