Exelis Spin-off Vectrus To Emerge Sept. 27

EXELIS SPIN-OFF : Exelis says its mission systems business unit, known as Vectrus, will be formally spun off on Sept. 27. Exelis public shareholders will receive one share of Vectrus for every 18 of Exelis they own on Sept. 18. The spin-off, announced last December, will also entail a relatively...

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