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View All NewsButler completes sale
July 10, 2009
Butler International Inc. (OTCBB: BUTL.PK), an engineering services and staffing firm, announced Thursday it completed its sale to Butler America LLC, a company affiliated with D. Stephen Sorensen, chairman and CEO of Select Staffing.
Butler International is in bankruptcy proceedings. The court approved the sale on July 1, and the deal closed July 7, according to the company. The deal was for $26.2 million in cash plus assumption of certain liabilities.