CGI Acquisition Of Stanley Named 'Deal Of The Year'
S tock Market Symbols GIB (NYSE) GIB.A (TSX )
FAIRFAX, VA, May 9 /PRNewswire-FirstCall/ - CGI Group Inc. (NYSE: GIB) (TSX: GIB.A), a leading provider of information technology and business process services, was recognized with the Deal of the Year Award (Over US$100M in value) for the company's acquisition of Stanley, Inc. The award was presented by the Association for Corporate Growth (ACG), National Capital, during the Annual ACG Corporate Growth Awards Gala late last week.
"The Annual ACG Corporate Growth Awards Gala is Washington D.C.'s premier event to honor and celebrate the region's most significant deals and dealmakers," said Jason Rigoli, ACG National Capital president. "This year's slate of awardees highlights business leaders that are driving the deals that make this region the most vibrant and resilient regional economy in the United States."
The Deal of the Year Award recognizes the most outstanding transaction based on the value of the transaction, its complexity, and its impact on shareholder value and market share. "We are honored to be recognized for an acquisition that has already created strong value for our clients, employees, and shareholders," said Donna Morea, President, U.S., Europe and Asia, CGI. "Our increased scale and additional services enable us to deliver against critical client mission and business requirements, including cloud computing, cybersecurity, health IT, and energy/environment. The powerful combination of talent and capabilities we now have creates opportunity for growth and solidifies our position as a leading technology partner to government and commercial clients." About the ACG National Capital ACG National Capital serves the US's fourth largest economy including Washington, DC, northern Virginia and southern Maryland. It is the leading authority on corporate growth in the mid-Atlantic region. ACG National Capital provides unparalleled opportunities for networking, deal making and professional development for individuals involved in building corporate value through M&A, strategic partnerships, organic growth and capital funding. About CGI Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centres of excellence in the United States, Canada, Europe and Asia Pacific. As at March 31, 2011, CGI's annualized revenue was approximately C$4.5 billion and its order backlog was approximately C$12.6 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com. SOURCE CGI GROUP INC.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
