Jacobs Receives $70M and Amentum Shares in Final CMS Separation Transaction Adjustments
AinvestThursday, Apr 10, 2025 4:09 pm ET
1min read Jacobs received $70 million and 7.3 million shares of Amentum Holdings common stock in the Critical Mission Solutions separation transaction. The company repaid a portion of its debt and plans to distribute the Amentum shares to its shareholders. This marks the completion of the last step in the separation transaction, except for ongoing transition services and customary post-closing assistance.
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
