Daily NewsView All News
MPS Group Inc. (NYSE: MPS) announced on Friday that its shareholders have agreed to a $1.17 billion takeover by the Swiss human resources company Adecco SA, according to Associated Press.
The company will now merge with Jaguar Acquisition Corp., which is a wholly owned subsidiary of Adecco.
Under the deal, MPS shareholders would get $13.80 per share in cash for each MPS share they own. The deal is expected to close on Jan. 19.