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The Wall Street Journal: CACI makes $7.2 billion offer for CSRA, topping General Dynamics’ bid

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 CACI, -6.26% 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 CSRA, +1.28% agreed to last month with General Dynamics GD, -0.42% that has yet to close. CSRA on Sunday confirmed receiving the unsolicited proposal from CACI.

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