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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