L-3 nears sale of government services unit to CACI: sources

December 4, 2015 8:31 PM

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L-3 Communications Holdings Inc (LLL.N) is in exclusive talks to sell National Security Solutions (NSS), its government services division, to CACI International Inc (CACI.N) for around $550 million, people familiar with the deal said on Friday.

A deal could be announced as early as next week, assuming negotiations are concluded successfully, the people said.

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