FTC issued Friday a notice of early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, DXC said Wednesday.
DXC originally announced the merger in October that seeks to create a “top five†independent, publicly traded government information technology services contractor.
The transaction is still subject to the spinoff of DXC’s USPS business and other customary closing conditions.
The companies expect to complete the transaction by the end of March.
Christopher Hamilton will succeed Ed Sheehan, Jr. as president and CEO of Concurrent Technologies Concurrent Technologies announced Sheehan’s retirement in…