Seeking Alpha

Carlyle selling chunk of Booz Allen stake

Carlyle Group (CG) is selling 10M shares of its stake in Booz Allen (BAH). After completion of the offering, Carlyle will own about 45.8% of BAH vs. 53% previously. Carlyle's most recent sale of Booz Allen stock was in February at around $18 per share. Today's close was $23.63.

Source: Press Release

Booz Allen is lower by 1.6% AH to $23.25.

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