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ICON moves to Nasdaq after staffing buy

February 05 2013

ICON plc (NASD: ICLR) formally began trading on the Nasdaq exchange yesterday after withdrawing from the Irish Stock Exchange on Jan. 30, the Dublin, Ireland-based company announced.

The company had also announced yesterday that it was buying the clinical scientific staffing operations of Cross Country Healthcare Inc. (NASD: CCRN) for $52 million plus an earn-out of up to $3.75 million.

ICON shareholders voted on Dec. 17 to convert to Nasdaq. The company operates in 82 locations in 40 countries and has approximately 9,430 employees.

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