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The deal officially closed on February 9, 2015. ATK's sporting-goods division spun off to form Vista Outdoor on the same day. [4] On September 18, 2017, Northrop Grumman announced plans to purchase Orbital ATK for US$7.8 billion in cash plus assumption of US$1.4 billion in debt. [5] Orbital ATK shareholders approved the buyout on November 29 ...
The spinoff was immediately followed by an all-stock merger of ATK's Aerospace and Defense Groups with Orbital Sciences; Orbital shareholders received ATK common stock as consideration. The combined company was named Orbital ATK Inc. [ 7 ] On October 28, 2014, ATK announced that it would be seeking approval of issuance of shares to Orbital ...
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The new company was called Orbital ATK, Inc. [3] On 18 September 2017, Northrop Grumman announced plans to purchase Orbital ATK for US$7.8 billion in cash plus assumption of US$1.4 billion in debt. [5] Orbital ATK shareholders approved the buyout on 29 November 2017. [6]