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Stock Market & Financial Investment News

News Breaks
May 6, 2014
07:31 EDTHURNHuron management to meet with Deutsche Bank
Meeting to be held in San Francisco on May 6 hosted by Deutsche Bank.
News For HURN From The Last 14 Days
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January 27, 2015
07:40 EDTHURNHuron to host conference call
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06:48 EDTHURNHuron enters into agreement to acquire Studer Group for $325M
Huron Consulting Group announced that it has entered into an agreement to acquire Studer Group, a premier professional services firm that assists healthcare providers achieve cultural transformation to deliver and sustain exceptional improvement in clinical outcomes and financial results. Under the terms of the acquisition agreement, Huron will purchase Studer Group for $325M, $323M in cash and $2M in Huron common stock. As of September 30, 2014, the Company’s pro forma leverage, as defined in the Company’s senior secured credit facility, would have been 2.4x net debt to last twelve months adjusted EBITDA. The Company expects the transaction to be accretive to 2015 non-GAAP adjusted diluted earnings per share in a range of 47c-52c.

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