Form 4 COMPUTER SCIENCES CORP For: May 14 Filed by: LAWRIE JOHN M
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Computer Sciences (CSC) Plans Split into Two, Publicly-Traded Companies
May 19, 2015 4:17 PM EDTComputer Sciences (NYSE: CSC) announced that its Board of Directors has unanimously approved a plan to separate the company into two publicly traded, pure-play leaders: one to serve commercial and government clients globally and one to serve public sector clients in the U.S.
Concurrent with the separation, CSC intends to pay a special cash dividend to shareholders of $10.50 per share at closing, which is expected by October 2015.
CSC began its turnaround three years go, said CEO Mike... More
