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InVentiv may be acquired

March 29, 2010

InVentiv Health Inc. (NASD: VTIV), a clinical services and staffing firm, announced Friday the investors have come forward with an interest in buying the company. InVentiv's board formed a special committee to consider a possible sale, and hired Goldman, Sachs & Co. as a financial advisor.

The company said it plans no further announcements on this unless a definitive agreement is made.

Somerset NJ-based inVentiv reported 2009 revenue of $1.07 billion. It ranked No. 3 on Staffing Industry Analysts' 2009 list of largest clinical/scientific staffing firms.