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ManTech International to be acquired by private equity firm Carlyle Group for about $3.9B


Federal IT services contractor ManTech International has agreed to be acquired by the private equity firm Carlyle Group. ManTech on Monday said it had accepted Carlyle’s all-cash buyout offer of $96 per share in cash, worth about $3.9 billion. The transaction has a total enterprise value of about $4.2 billion with included interest-bearing debt and preferred stock options. The transaction is the latest example of M&A activity in the federal IT contracting…