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News Breaks
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November 23, 2009
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| 09:21 EDT |  | RECN |
| theflyonthewall.com: | Resources Connection completes Sitrick, Brincko acquisitions | | Resources Connection, Inc. announced the completion of the acquisition of the business of Sitrick And Company, Inc., one of the nation's leading strategic communications firms and Brincko Associates, Inc., a widely-respected corporate advisory and restructuring firm and the formation of a Corporate Advisory and Restructuring subsidiary. The acquisitions were made for aggregate initial consideration of approximately $44.7M, comprising $28.6M in cash and approximately 822,000 shares of restricted stock, plus an earn-out based on the achievement of certain adjustedEbitda levels over a period of four years from the date of closing. The new Resources subsidiary is called Sitrick Brincko Group, LLC. :theflyonthewall.com |
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