{"id":107681,"date":"2021-01-07T15:43:34","date_gmt":"2021-01-07T15:43:34","guid":{"rendered":"https:\/\/precoinnews.com\/?p=107681"},"modified":"2021-01-07T15:43:34","modified_gmt":"2021-01-07T15:43:34","slug":"stock-alert-dxc-technology-up-10-on-proposed-acquisition","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/stock-alert-dxc-technology-up-10-on-proposed-acquisition\/","title":{"rendered":"Stock Alert: DXC Technology Up 10% On Proposed Acquisition"},"content":{"rendered":"
Shares of IT services provider DXC Technology Company (DXC) are rising more than 10% Thursday morning on the news of it receiving acquisition proposal from rival Atos SE.<\/p>\n
According to Reuters, the deal is worth more than $10 billion.<\/p>\n
Today, DXC Technology confirmed that it received an unsolicited, preliminary and non-binding proposal from Atos SE, a French IT service and consulting company to acquire all DXC Technology shares. <\/p>\n
The company said its board of directors will be evaluating the proposal.<\/p>\n
DXC, currently at $29.25, has been trading in the range of $7.9- $36.97 in the last one year. <\/p>\n