Stockholders approve SAIC-Engility merger

By John Liang  
January 11, 2019 at 5:23 PM

Stockholders for both Science Applications International Corp. and Engility have approved the multibillion-dollar merger of the two companies.

"More than 98 percent of the shares voting at the SAIC special meeting of stockholders voted in favor of the proposal to issue shares of SAIC common stock to Engility stockholders in connection with the merger, and more than 99 percent of the shares voting at the Engility special meeting of stockholders voted in favor of the proposal to approve and adopt the merger agreement," a joint statement reads.

Today's meetings -- announced in November -- were held at the companies' respective headquarters.

SAIC announced the proposed merger -- a $2.5 billion billion deal that creates a $6.5 billion government services contractor -- in September.

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