KEYW finalizing sale of commercial cybersecurity line

KEYW Holding Corp. is in advanced talks to sell its commercial cybersecurity line as new CEO Bill Weber looks to strip the company down to its core government contracting business. Hanover-based KEYW (NASDAQ: KEYW) said Thursday that it has executed letters of intent to sell its Hexis Cyber Solutions Inc. subsidiary. The company did not name prospective buyers or pricing because parties were completing confirmatory diligence and had yet to finalize terms. A sale of Hexis would be a major step toward…

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