DXC Technology Stock Jumps 6.6% After A Report Of Takeover Interest – Seeking Alpha

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Update 2:23pm: Adds DXC Technology not commenting on speculation.

• DXC Technology (NYSE:DXC) rose 1.5% after a report the information-technology company is working with advisers after getting takeover interest.
• DXC was approached by at least one private equity firm, according to traders, who cited a Bloomberg report. DXC has a market cap of $6.4 billion.
• A DXC Technology (DXC) spokesman told Seeking Alpha that the company doesn’t comment on marker rumor and speculation.
• The report comes after DXC canceled from attending a Deutsche Bank conference in Las Vegas earlier in the month. In addition, Betaville reported at the same time that there was some vague takeover talk around the company.
• Recall in January 2021 Reuters reported that French IT consulting firm Atos (OTCPK:AEXAF) made a takeover approach for DXC Technology (DXC), valuing the company at more than $10b.

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https://dentoncountynewsonline.com/dxc-technology-stock-jumps-6-6-after-a-report-of-takeover-interest-seeking-alpha/