The latest announcement is out from Jacobs Solutions ( (J) ).
Jacobs Solutions Inc. is set to restructure by spinning off its Critical Mission Solutions and portions of its Divergent Solutions businesses, merging them with Amentum to form a new, publicly traded government services provider. Jacobs shareholders will receive shares in the new entity, expected to be a leading force in the industry, offering a diverse and robust contract portfolio. The move aims to create two distinct, focused companies better positioned to foster growth, capitalize on market opportunities, and deliver long-term shareholder value.
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