Market Overview

Booz Allen Hamilton Prices 10M to 11M Share Sale of Common Stock by Affiliate of Carlyle Group for $17.00/Share


Booz Allen Hamilton Holding Corporation (NYSE: BAH), the
parent company of management consulting, technology, and engineering
services firm Booz Allen Hamilton Inc., today announced that it has
priced and upsized its previously announced secondary public offering
from 10,000,000 to 11,000,000 shares of Class A common stock (“common
stock”) by an affiliate of The Carlyle Group (“Carlyle”), at a price to
the public of $17.00 per share. In addition, the underwriters will have
a 30-day option to purchase an aggregate of up to 1,650,000 additional
shares of common stock from Carlyle.

Upon completion of the offering, Carlyle will beneficially own
approximately 59.5% of the outstanding Class A common stock of Booz
Allen, or approximately 58.3%

See full press release

Posted-In: News Guidance Dividends Offerings Legal Management Global


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