Morrison & Foerster LLP represented Science Applications International Corp. (SAIC) (NYSE: SAIC) in its definitive agreement to acquire Engility Holdings (NYSE: EGL) in a $2.5 billion all-stock transaction. The transaction makes SAIC the second largest independent technology integrator in government services.
Based in Reston, Virginia, SAIC provides government services and information technology support. The deal closed January 14, 2019.
The MoFo team was led by Charlie Katz, Northern Virginia Corporate/M&A partner, and included Northern Virginia associates Lindsay Thomas and Lucas Barta, New York associate Stephanie Ference, and Northern Virginia of counsel Larry Bard.
For more information, please see SAIC’s press release.