SRA Shareholders Approve Providence Equity's $1.88 Bln Takeover
SRA International said Friday that shareholders have voted to approve the takeover by Providence Equity Partners. At the special meeting of shareholders, 94.7% of the total outstanding shares of SRA's common stock, and 81.3% of the total outstanding shares of Class A common stock voted to approve the merger. SRA, in April, announced that Providence had agreed to pay $1.88 billion to buy SRA, a provider of technology and strategic consulting services.
15 July 2011•3 mins read
