Leonard Green to sell Scitor for $790 mln

Science Applications International Corp. said Sunday it has agreed to buy Scitor Corp. from Leonard Green & Partners for $790 milLion cash. SAIC’s board has approved the deal, which is expected to close in May. Reston, Virginia-based Scitor provides engineering, management consulting and information services to federal and commercial industries in the U.S. Citigroup Global Markets advised Scitor while Sagent Advisors provided financial advice to Leonard Green.

2 March 2015•7 mins read
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