SAIC, Engility stockholders vote to approve merger

Favicon The Washington Business Journal

Science Applications International Corp. and Engility Holdings Inc. said Friday that shareholders overwhelmingly approved SAIC’s $2.5 billion all-stock deal to acquire Engility and create one of the largest government technology integrators in the market. More that 98 percent of the shares voting at Reston-based SAIC’s meeting of stockholders voted in favor the union, while 99 percent of Engility stockholders signed off on the deal. The transaction is expected to close in the next few business...

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