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Carlyle Acquiring Majority Stake In Booz Allen’s Government Business

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By Calvin Biesecker Booz Allen Hamilton (BAH) on Friday said it plans to separate its United States government and global commercial consulting businesses and will sell a majority stake in the government business to the private equity firm The Carlyle Group for $2.5 billion. For Carlyle the deal adds to its portfolio of aerospace and defense holdings. The company has been more focused on acquiring firms in the commercial aerospace industry the last several years, most recently with Sequa Corp.…

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