News Releases

Baker Botts L.L.P. Represents CSC in $1 Billion Sale of Credit Services Business to Equifax

Release

 

DALLAS, December 4, 2012 -- On December 1, 2012, Computer Sciences Corporation (NYSE: CSC) entered into an agreement to sell its credit services unit to Equifax Information Services LLC, a subsidiary of Equifax Inc. (NYSE: EFX), for $1 billion in cash.

The disposition is consistent with CSC’s previously disclosed strategy to focus on its core business and assets.

CSC’s credit services unit, which owns credit files in 15 Midwestern and Central U.S. states representing 20 percent of the U.S. population, is the largest independent U.S. consumer credit reporting agency and has been an Equifax affiliate for more than 20 years.

The deal is expected to close by the end of the calendar year and is subject to regulatory approval.

Baker Botts is representing CSC in the transaction.

CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 95,000 employees around the world.

The CSC news release announcing the transaction is available here.

About Baker Botts L.L.P.
Baker Botts is an international law firm with over 725 lawyers and a network of 14 offices around the globe. Based on our experience and knowledge of our clients’ industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Throughout our history, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit www.bakerbotts.com.

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