SRA's "Go-Shop" Period Ends

The "go-shop" period for SRA International (NYSE: SRX) has come to a close without any alternative acquisition proposals materializing, leaving Providence Equity Partners on track to acquire the company in a deal valued at $1.88 billion. On March 31, 2011, Providence agreed to acquire the company for $31.25 in cash per share of common stock. SRA is a provider of technology and strategic consulting services and solutions to government organizations and commercial clients.