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SAIC - SAIC considering sale of logistics business - report
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
SAIC ( NYSE: SAIC ) has hired a financial advisor to evaluate the sale of its logistics and supply chain business.
Initial offers for the business, which generates $50 million to $60 million in annual EBITDA, are due next month, according to a Dealreporter item, which cited sources familiar. Private equity firms are likely to be interested in the unit. SAIC has a market cap of about $6 billion.