|Bid||94.59 x 1200|
|Ask||96.92 x 1200|
|Day's Range||94.10 - 94.73|
|52 Week Range||66.91 - 94.74|
|Beta (5Y Monthly)||0.74|
|PE Ratio (TTM)||27.82|
|Earnings Date||May 02, 2022 - May 06, 2022|
|Forward Dividend & Yield||1.64 (2.00%)|
|Ex-Dividend Date||Jun 09, 2022|
|1y Target Est||88.71|
Carlyle (CG) inks an all-cash deal to acquire ManTech for $4.2 billion. The deal can help Carlyle leverage ManTech's sector expertise and resources to accelerate growth and innovation.
Shares of company ManTech International (NASDAQ: MANT) jumped more than 16% on Monday after the government contractor agreed to be acquired in a deal valued at $4.2 billion. Investors had reason to believe the company was fielding offers, and ManTech on Monday announced it had found a buyer willing to pay a sizable premium. ManTech is a defense IT contractor that generates nearly half of its revenue from the intelligence community.
Shares of ManTech International Corp. hiked up 14.2% toward a 16-month high in premarket trading Monday, after the provider of information technology services for U.S. defense and federal civilian agencies announced an agreement to be acquired by investment firm Carlyle Group Inc. in a cash deal valued at $4.2 billion. Carlyle's stock rose 1.3% ahead of the open. Under terms of the deal, Carlyle will pay $96 for each ManTech share outstanding, representing a 17.1% premium to Friday's closing pri