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Stock impact report

SAIC Completes Acquisition of Engility Holdings, Inc.

Science Applications International Corporation (SAIC) 
Last science applications international corporation earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.saic.com
Company Research Source: Business Wire
RESTON, Va. & CHANTILLY, Va.--(BUSINESS WIRE)-- Science Applications International Corp. (NYSE: SAIC) today announced the successful completion of its merger with Engility Holdings, Inc. (NYSE: EGL). The merger was previously approved by SAIC and Engility stockholders at special meetings held on Jan. 11, 2019. Under the terms of the merger agreement, Engility became a wholly-owned subsidiary of SAIC. The combined company will retain the SAIC name and continue to be headquartered in Reston, Virginia with Tony Moraco as CEO. “With the acquisition of Engility, we are now a team of 23,000—driven by mission, united by purpose and inspired by opportunity,” said Moraco. “Add to that five consecutive quarters of organic revenue growth for SAIC and the trend is clear—we’re thriving. We are now a bigger, stronger company executing our long-term strategic plan, dedicated to exceeding customer expectati Show less Read more
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