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DRS, Finmeccanica See Prime Opportunities Following Merger

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By Calvin Biesecker Italy's Finmeccanica said late Monday that it has agreed to acquire DRS Technologies [DRS] for $5.2 billion, including debt, in a deal that would give it a significant foothold in the United States and also a potential platform to turn DRS into a prime contractor for some future programs. The $81 a share deal, which equates to nearly $4 billion of the overall agreement terms, puts a premium on DRS. The debt portion is about $1.2 billion.…

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