DELTEK EASES SOME STOCK RESTRICTIONS
- Friday, 06 November 2009
- News and Analysis
Deltek and New Mountain Funds, which helped recapitalize the company and take it public in 2007, have agreed to waive restrictions on the sale of stock held by a trust owned by Donald deLaski, one of the company's cofounders. Under the agreement, restrictions were lifted on the sale or transfer of 500,000 shares of Deltek common stock held by the deLaski trust.
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