Carlyle Selling Off Remaining Booz Allen Stake

Law360, Washington (December 1, 2016, 2:32 PM EST) -- The Carlyle Group is selling off its remaining minority shares in Booz Allen Hamilton Inc., a company it first bought in 2008 and later took public, at a price of more than $600 million, according to an announcement Thursday from the government consulting giant.

Booz Allen said that a Carlyle affiliate will be selling off all of its 16.66 million remaining Class A common stock shares in parent company Booz Allen Hamilton Holding Corp. to Barclays Capital Inc. on an underwriter basis, with plans to offer...
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