SAIC filed a notification with the SEC a document to notify the shareholders of company split detials including name change on the companies split --- my blog post wondering is this identity crisis part of the CityTime curse?
See link below
http://www.saic.com/shareholder/announcement/SEC-Form10-Gemini.pdf
"This Information Statement is being sent to you in connection with the separation from SAIC, Inc.
(“Parent”) of its technical, engineering and enterprise information technology services business. The
assets and liabilities of this business will be contributed in an internal reorganization by Parent to SAIC
Gemini, Inc., a recently formed subsidiary of Parent. Parent will then complete the separation by
distributing all of the outstanding shares of SAIC Gemini, Inc. common stock on a pro rata basis to the
holders of Parent common stock. Following the completion of the internal reorganization and
separation from Parent, SAIC Gemini, Inc. will be renamed Science Applications International
Corporation and Parent will be renamed Leidos Holdings, Inc. We refer to this pro rata distribution as
the “distribution” and we refer to the separation, including the internal reorganization and distribution,
as the “separation” or the “spin-off.”"
10 names SAIC could have picked, but didn't
http://washingtontechnology.com/blogs/editors-notebook/2013/02/saic-top-10-names.aspx
Click on this link -- darkly hilarious -- saic name change option...shit?
"7. Super Hot Incorporated Tech Co. – Acronym not family friendly"
SAIC takes yet another new name (for taxes reasons?) Gemini to become Leido-- temp evil twin splits off -- SAIC's split personality post CityTime crime fall-out?
SAIC, than SAI, than Leido, than Gemini.....
a) identity crisis
b) multiple personality
c) CityTime curse
d) all of the above
Update on shareholder law suits SAIC CityTime...
http://suzannahbtroy.blogspot.com/2013/03/citytime-scandal-rudy-mike-preet-march.html
