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NYSE: BAH?: Booz Allen Reaches for Initial Public Offering

Booz Allen Hamilton is looking for an initial public offering that would move the firm to publicly traded status, Bloomberg reports.

The firm will seek to raise $266 million through sale of Class A shares at $17 to $19 apiece.

Carlyle Group, the firm’s owner, currently holds 79 percent of the firm and will reportedly retain 71 percent following the move.

Booz Allen will reportedly price its shares Nov. 16, when it will trade on the New York Stock Exchange under the ticker BAH.

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