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Business/Financial

Engility Completes Acqusition Of TASC

By Cal Biesecker

Thursday, February 26th, 2015

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Engility Completes Acqusition Of TASC

Engility President and CEO Tony Smeraglinolo. Photo: Engility

Engility Holdings [EGL] on Thursday completed its $1.3 billion acquisition of TASC, Inc., adding scale to the professional and technical services supplier in addition to diversifying its customer base across the federal government.“This transformational acquisition accelerates our growth strategy to further diversify our customer base, enhance our capabilities, add scale to our business, and increase our addressable market,” Tony Smeraglinolo, president and CEO of Engility, said in a statement. “In addition to these strategic benefits, this acquisition offers many compelling…

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