Unisys to Sell Its U.S. Federal Business to SAIC for $1.2 Billion, or 13x Adjusted EBITDA, a Significant Premium to Unisys' Trading Multiple; Preliminary Full-Year 2019 Unisys Results Indicate Company

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Go back to Unisys to Sell Its U.S. Federal Business to SAIC for $1.2 Billion, or 13x Adjusted EBITDA, a Significant Premium to Unisys' Trading Multiple; Preliminary Full-Year 2019 Unisys Results Indicate Company

Unisys Corp. (UIS) Ramps 50% on Unit Sale

February 6, 2020 9:36 AM EST

Unisys Corp. (NYSE: UIS) adds to morning strength. Shares now up 50% on plan to sell U.S. Federal business to Science Applications International Corp. (SAIC) (NYSE: SAIC) for $1.2 billion.

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Unisys Corp. (UIS) Surges 37% on Plan to Sell U.S. Federal Business

February 6, 2020 8:54 AM EST

Unisys Corp. (NYSE: UIS) surges 37% on plan to sell U.S. Federal business to Science Applications International Corp. (SAIC) (NYSE: SAIC) for $1.2 billion

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