SAIC completes merger with Engility Holdings

Science Applications International (SAIC), a government services and information technology support provider, completes a merger with Engility Holdings, a leading engineering services provider. Each eligible share of Engility common stock issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive 0.450 of a share of SAIC common stock, with cash paid in lieu of any fractional shares. As a result of the merger, Engility’s common stock will no longer be listed for trading on the New York Stock Exchange and Engility will no longer have reporting obligations under the Securities Exchange Act of 1934.