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

POTENTIAL DEAL DETAILS

Stock ManTech International Corporation Symbol MANT
Date Announced 02/03/2022 Source Reuters
Type Company Seeking Strategic Alternatives
Date of Confirmation: 05/16/2022 Price at Confirmation: $81.97
Potential Profit: 2.03% Annualized Profit: 7.33%

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.

Update(s):

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.

 

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