SAIC-Engility deal advances

By Marjorie Censer / October 24, 2018 at 9:08 AM

Science Applications International Corp. said yesterday the waiting period under antitrust legislation has expired, allowing its planned acquisition of Engility to move forward.

"The expiration of the Act's waiting period satisfies one of the conditions to closing of the proposed merger, which remains subject to other closing conditions in the Agreement and Plan of Merger," the contractor said.

199774