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Business/Financial

ATK Expects Deal With Orbital Sciences To Close Feb. 9

By Cal Biesecker

Wednesday, January 7th, 2015

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ATK Expects Deal With Orbital Sciences To Close Feb. 9

Orbital Sciences' Antares rocket launches July 13 for the company's Orb-2 Cargo Resupply Services (CRS) mission for NASA. Photo: Orbital.

ATK [ATK] On Tuesday said it expects the merger of its aerospace and defense business with Orbital Sciences [ORB] to occur on Feb. 9 immediately following the spin-off of ATK’s sporting business into a new company called Vista Outdoor Inc.The $5 billion transaction still needs the approval of ATK’s and Orbital’s shareholders, which will meet in separate meetings on Jan. 27 to vote on the merger. In December, the pending deal cleared regulatory reviews in the United States.ATK also said…

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