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CACI to draw on existing revolver for Information Systems purchase
By Sara Rosenberg
New York, Dec. 22 - CACI International Inc. plans to use borrowings under its existing $200 million revolving credit facility, along with cash on hand, to fund the acquisition of Information Systems Support Inc., company officials said in a conference call Thursday.
Closing on the acquisition is anticipated during CACI's third fiscal quarter that begins Jan. 1.
CACI is an Arlington, Va., provider of IT and network solutions. Information Systems is a Gaithersburg, Md., provider of IT, communications and logistics services.
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