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CSRA Inc. (CSRA) Soared To A New High After Bought By General Dynamics

CSRA Inc. (CSRA) announced Monday morning that it has agreed to be acquired by General Dynamics (GD) for $40.75 in cash, approximately $9.6 billion.

CSRA gapped open sharply higher Monday, but moved in a narrow range throughout the session. The stock closed up by 9.57 at $40.39 on the highest volume of the year. CSRA leaped to a new high for the year.

by RTT Staff Writer

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