PRSP - Perspecta gains 2% after hours as Veritas plans to submit takeover offer

Perspecta (PRSP) holder Veritas Capital said it currently plans to submit a bid for the company subject to due diligence, according to a 13/D filing.Veritas has been granted a limited standstill waiver that will expire 60 days from the effective date; Veritas may ultimately decide not to explore a transactionVeritas Capital plans to engage in potential talks with possible debt/equity funding sources and other third parties regarding a potential transactionBloomberg reported Nov. 9 that Perspecta was considering strategic alternatives, including a sale, saying the company was expected to attract interest from rivals and PE firmsPerspecta up 2% in after hours trading

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Perspecta gains 2% after hours as Veritas plans to submit takeover offer