March 28, 2018 / 12:16 PM / in 5 months

Defense contractor CACI withdraws offer for CSRA

March 28 (Reuters) - U.S. defense contractor CACI International Inc on Wednesday withdrew its offer to buy peer CSRA Inc, after it lost a bidding war to General Dynamics.

CACI’s withdrawal comes a week after General Dynamics raised its all-cash offer for CSRA to $6.9 billion from $6.8 billion. (Reporting by Arunima Banerjee in Bengaluru; Editing by Anil D’Silva)

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