Deutsche Bank in Cash Tender Offer by CGI Group
May 20, 2010
Cleary Gottlieb is representing Deutsche Bank Securities as financial advisor and dealer manager in a cash tender offer by CGI Group Inc. to purchase all outstanding shares of common stock of Stanley, Inc. The tender offer commenced on May 20 under the terms of a merger agreement between the parties and is currently scheduled to expire on August 2, unless further extended.
CGI Group is one of the largest independent information technology and business process services firms in the world. Stanley is a provider of information technology services and solutions to U.S. defense, intelligence and federal civilian government agencies.