Latham and K&S Lead Carlyle’s Buy of Defense Contractor ManTech

Latham & Watkins is advising private equity firm Carlyle Group Inc. on its agreement to buy ManTech International Corporation in a deal that values the U.S. defense contractor at around $4.2 billion.

King & Spalding is advising Herndon, Virginia-based ManTech on the transaction, which is expected to close in the second half, according to a statement.

The agreement calls for Carlyle to pay $96.00 per share in cash. That represents a 32% premium to ManTech’s closing share price on Feb. 2, the last trading day before media published reports on a potential sale of the company, the statement said.

ManTech ...