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Stock Market & Financial Investment News

News Breaks
September 14, 2012
08:12 EDTGPXGP Strategies to Acquire BlessingWhite for $10M
GP Strategies announced that it has signed an agreement to acquire BlessingWhite, a provider of leadership development and employee engagement solutions founded and headquartered in Princeton, New Jersey. The transaction is expected to close within the next 30 days. Under the terms of the agreement, the purchase price is approximately $10M. Completion of the acquisition is subject to customary conditions, including obtaining certain consents and agreements. GP Strategies expects to pay for the acquisition using cash on hand, and, if necessary, borrowing under its $50M revolving credit facility. GP Strategies anticipates that the acquired business will be accretive to earnings per share in 2013.
News For GPX From The Last 14 Days
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June 6, 2013
09:19 EDTGPXGP Strategies downgraded to Hold from Buy at Gabelli
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09:01 EDTGPXGP Strategies downgraded to Neutral from Buy at B. Riley
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June 5, 2013
08:08 EDTGPXGP Strategies acquires Prospero Learning Solutions
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