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View All NewsBarrett buys Arizona firm
January 03, 2008
Barrett Business Services Inc. (NASD: BBSI) said it struck a deal to buy First Employment Services Inc., a Tempe AZ-based staffing firm. Barrett will pay $5.0 million for the company with $3.8 million paid in cash at the closing of the sale and the remainder after 12 months.
Privately held First Employment Services has one office each in
Barrett said the buy will add three to four cents per diluted share for the 12 months following the effective date of the acquisition.