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Stock Market & Financial Investment News

News Breaks
May 13, 2014
13:30 EDTBAHBooz Allen amends credit agreement to extend maturity, allow added debt
Booz Allen Hamilton disclosed earlier in a regulatory filing that on May 7 the company and its subsidiaries entered into the second amendment to its credit agreement with Bank of America, primarily to extend the maturity of the tranche A term loans, extend the termination date of the revolving commitments and borrow additional tranche A term loans. The interest rate applicable to the tranche A term loans is unchanged. The company also amended its ability to incur additional debt under an incremental term loan credit facility by changing the consolidated net secured leverage under which such incremental term loans may be incurred to less than or equal to 3.5:1.
News For BAH From The Last 14 Days
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October 20, 2014
10:26 EDTBAHBooz Allen acquires healthcare unit of Genova Technologies
Booz Allen Hamilton announced that it has purchased the Baltimore, Md.-based healthcare unit of Genova Technologies, a move that represents the firmís commitment to further support the transformational efforts of the U.S. governmentís Centers for Medicare and Medicaid Services. The acquisition of the unit and its assets, which includes a facility in Baltimore and a staff of about 40 people who currently provide IT solutions and strategy for CMS, will expand and supplement Booz Allenís strong legacy of support for the Department of Health and Human Services and its broader Health business. The Cedar Rapids, Iowa-based Genova Technologies will retain its defense and commercial businesses.

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