Deal chatter about CSC

That's Computer Sciences Corp., which is a monster information technology company based in El Segundo that handles the really big computer projects (much of it involving the government and a lot of it quite classified). Anyway, there's chatter this morning about CSC being eyed by Blackstone, the private equity folks, or by Hewlett Packard. The stock is up 2.66 percent, volume is very high, and there's a bunch of option volatility - all of which means something might be up. But before getting on the horn to your broker, be advised that CSC has been talked up before. Apollo Management made a bid last year that fell through.



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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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