Carlyle sheds 11 million Booz Allen shares, relinquishing its majority ownership
November 06, 2014 at 10:03 AM EST
It's official: The Carlyle Group is no longer a majority owner of Booz Allen Hamilton Inc. McLean-based Booz Allen (NYSE: BAH) announced Wednesday evening the sale of 10 million shares of Class A common stock by Carlyle, as well as a stock repurchase, which will drop the private equity firm's stake in the company to about 37 percent...