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VSE Corp. announces common stock offering, no amount given

VSE Corporation announced that it has commenced an underwritten public offering, subject to market and other conditions, of shares of its common stock pursuant to an effective shelf registration statement. VSE intends to use the net proceeds from this offering to fund all or a portion of the cash consideration for its previously announced acquisition of GenNx/AeroRepair IntermediateCo, to support potential future strategic acquisitions, and for general corporate purposes. Jefferies and Morgan Stanley are acting as joint lead book-running managers and representatives of the underwriters for the offering. RBC Capital Markets and William Blair are also serving as joint book-running managers for the offering.

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