SRA Investors Back $1.9B Sale To Providence

Law360, New York (July 18, 2011, 3:38 PM EDT) -- The vast majority of SRA International Inc. shareholders on Friday approved the technology consultant's $1.88 billion sale to private equity buyer Providence Equity Partners Inc., after a Virginia federal judge refused to revive a putative class action from investors seeking to block the deal.

On Thursday U.S. District Judge Liam O'Grady refused to lift a stay, which he issued May 24, that had halted plaintiff Andrei Sinioukov's suit claiming that SRA International investors were deprived of key information that would let them make an informed judgment....
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