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According to Reuters, ManTech International (MANT) co-founder George Pedersen explores sale

  • May 16, 2022


StockManTech International CorporationSymbolMANT
Date Announced02/03/2022Source Reuters
TypeCompany Seeking Strategic Alternatives
Date of Confirmation: 05/16/2022Price at Confirmation: $81.97
Potential Profit: 2.03%Annualized Profit: 7.26%

ManTech International Corp (MANT) co-founder George Pedersen is exploring options for his controlling stake that include a sale of the U.S. defense contractor, which has a market value of more than $3 billion, people familiar with the matter said.


May 16, 2022: ManTech International Corporation (MANT), a leading provider of innovative technologies and solutions for mission-critical national security programs, announced that it has entered into a definitive agreement to be acquired by funds managed by global investment firm Carlyle (CG) in an all-cash transaction with a total enterprise value of approximately $4.2 billion.


Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.