Merger of SI International, Serco Group on track to close by year end

By Lisa Kerner

Charlotte, N.C., Nov. 13 - SI International, Inc.'s shareholders voted to approve the company's merger with Serco Group plc at a special meeting on Thursday.

The transaction is expected to close by the end of the year, an SI news release said.

In August, SI agreed to be acquired by Serco for $32 per share in cash in a deal valued at about $423 million.

Serco Group will acquire the company through subsidiary Serco Inc., a Reston, Va.-based government contractor. Its customers include the Department of Defense, U.S. intelligence and security agencies and federal civilian agencies.

SI International provides information services, technology and network solutions primarily to the federal government. The company is also located in Reston, Va.

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