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Stock impact report

Kelly Enters Agreement to Acquire Specialty Talent Solutions Company, Motion Recruitment Partners, LLC [Yahoo! Finance]

Kelly Services, Inc. - Class A (KELYA) 
Last kelly services, inc. - class a earnings: 2/13 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kellyservices.com/investor-relations
Company Research Source: Yahoo! Finance
government specialties in North America, and recruitment process outsourcing (RPO) solutions globally Provides Motion Recruitment Partners and its leading brands with a highly invested partner to enable continued growth Demonstrates Kelly's commitment to rapidly redeploying capital and leveraging its strong balance sheet in pursuit of inorganic investments in higher-margin, higher-growth specialties TROY, Mich., May 03, 2024 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB) (“the Company”), a leading global specialty talent solutions provider, has entered into a definitive agreement to acquire Motion Recruitment Partners, LLC (“MRP”), from Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, Connecticut. Under the terms of the agreement, Kelly will acquire MRP for $425 million in cash to be paid at close, with additional earnout potential of up to $60 million based on certain performance criteria. The Company expects to fund the transaction throug Show less Read more
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