PAE (Gores III) to be Acquired by Ammentum for $10.05 per Share

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PAE (Gores III) to be Acquired by Ammentum for $10.05 per Share

Oct 25, 2021 INTEL by Kristi Marvin

PAE Inc. (Nasdaq: PAE), formerly Gores Holdings III, Inc., announced this morning that it is to be acquired by Amentum Government Services Holdings LLC (“Amentum”) in an all-cash transaction valued at approximately $1.9 billion, including the assumption of debt and certain fees. PAE shareholders will receive $10.05 per share in cash at closing, which is
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