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.

Click here to read more.

Check Also


QuantiTech Buys Spaceflight Engineering Firm DCI; Darryl Wortman Quoted

QuantiTech, a technical engineering services provider to the government sector, has purchased Dynamic Concepts Inc. for an undisclosed sum in a move to expand work with NASA across human spaceflight programs.

health care

Alliant Enterprises Wins $225M DLA Patient Monitoring Tech IDIQ

Alliant Enterprises has won a potential 10-year, $225M contract from the Defense Logistics Agency to provide patient monitoring systems, capital equipment and accessories to the U.S. Air Force, Army, Marine Corps, Navy and federal civilian agencies.