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General Employment deal called off

March 26, 2010

General Employment Enterprises Inc. (AMEX: JOB) said a previously announced acquisition effort did not go through, according to a filing with the U.S. Securities and Exchange Commission.

General Employment had announced in December that it struck a deal to acquire a portion of GT Systems Inc., a New York-based staffing firm. That deal is now off, according to its filing with the SEC today.