February 28, 2018 / 9:28 PM / in 8 months

BRIEF-Kratos To Sell Division To Securitas For About $70 Million

Feb 28 (Reuters) - Kratos Defense And Security Solutions Inc :

* KRATOS EXECUTES DEFINITIVE AGREEMENT TO SELL PUBLIC SAFETY & SECURITY DIVISION TO SECURITAS ELECTRONIC SECURITY, INC. FOR EXPECTED NET PROCEEDS OF APPROXIMATELY $70 MILLION

* KRATOS DEFENSE AND SECURITY SOLUTIONS INC - DEAL FOR ‍$69 MILLION IN CASH​

* KRATOS DEFENSE AND SECURITY SOLUTIONS INC - EXPECTS TO ULTIMATELY RECEIVE APPROXIMATELY $70 MILLION OF NET CASH PROCEEDS FROM TRANSACTION​ Source text for Eikon: Further company coverage:

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