Tuesday, June 8, 2010

Blackwater/Xe Is Up For Sale

Blackwater Founder Puts Firm On The Block -- New York Times

Xe Services, the U.S. security firm formerly known as Blackwater that has faced criticism for its work in Iraq and Afghanistan, is pursuing a sale of the company, The Associated Press reported.

“Xe’s new management team has made significant changes and improvements to the company over the last 15 months, which have enabled the company to better serve the U.S. government and other customers, and will deliver additional value to a purchaser,” the company said in a brief statement that gave few details.

Read more ....

More News On Blackwater/Xe

Former Blackwater seeks new owner -- AP
Former Blackwater pursues sale of the company: report -- Reuters
Former Blackwater Seeks New Owner -- ABC News
Blackwater Founder Erik Prince Plans Sale of Security Company -- Bloomberg Businessweek
Security contractor formerly known as Blackwater is for sale -- Market Watch
Blackwater or Xe ... it’s for sale -- Triangle Business Journal

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