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Could it be that private-equity buyouts are making a comeback? There are certainly signs of a return. Just last week, TPG and the Canada Pension Plan agreed to shell out $4 billion for IMS Health (RX).

This week, we have another interesting deal: KKR and General Atlantic will buy TASC for $1.65 billion. TASC is the consulting unit of Northrop Grumman (NOC).

Actually, the military giant had little choice but to unload the division because of a conflict of interest. How can you provide unbiased consulting to the U.S. government as well as sell weapons to it?

Continue reading KKR guns for a military deal -- buys Northrop Grumman's TASC

KKR guns for a military deal -- buys Northrop Grumman's TASC originally appeared on BloggingStocks on Mon, 09 Nov 2009 08:20:00 EST. Please see our terms for use of feeds.

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