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

Law360, New York (February 2, 2010, 12:15 PM EST) -- 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, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.