SRA International To Go Private

Government contracting giant SRA International, pending shareholder approval, will be acquired by Providence Equity Partners Inc. for $1.88 billion. Providence Equity Partners will pay $31.25 per share with a 10% premium based on SRA International’s Thursday closing price.

SRA International headquarters will remain in Fairfax, Virginia. The official acquisition is expected to be closed by September of this year.

 

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