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Engility Holdings Inc. (EGL)

Merger

Overview
  • Date:
  • 9/12/2018
  • Company Name:
  • Engility Hodlings Inc.
  • Stock Symbol:
  • EGL
  • Company Name - Buyer:
  • Science Applications International Corp.
  • Status:
  • Closed/Complete
  • Merger Announcement Date:
  • 9/10/2018

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NEW YORK, September 12, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Engility Holdings Inc. (EGL) on behalf of stockholders concerning the proposed acquisition of the company by Science Applications International Corp.

Pursuant to the proposed transaction, announced on September 10, 2018 and valued at approximately $2.5 billion, Engility stockholders will receive 0.45 shares of Science Applications for each share of their Engility common stock.  Our investigation concerns whether Engility’s board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with Science Applications.

If you own Engility shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.

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