Manpower To Pay $431M For Comsys IT Staffing Co.

By Hilary Russ

Law360, New York (February 02, 2010, 12:15 PM ET) -- Global employment company Manpower Inc. said Tuesday it will snap up technology staffing and consulting company Comsys IT Partners Inc. for $431 million including Comsys' net debt.

The deal would value outstanding shares of Comsys common stock at $17.65, Manpower said in a statement announcing the deal.

The boards of directors of both companies have approved the deal, which will boost the number of professional consultants on assignment with Manpower to more than 25,000, according to Manpower.

Comsys' professional information technology staffing services would be merged...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles