PAE Stockholders Approve Being Acquired by Amentum

PAE Incorporated announced on Wednesday that at a special meeting of PAE’s stockholders held earlier that day, its stockholders voted to approve and adopt the previously announced definitive agreement dated as of October 25, 2021 in which PAE agreed to be acquired by an affiliate of Amentum Government Services Holdings LLC.

With the stockholder vote complete, all approvals required to complete the proposed transaction have been received. The proposed transaction is expected to close on or around February 15, 2022.