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Staffing 360 Solutions Inc Executes Acquisition Agreement With IDC Technologies Inc


Thursday, 14 Feb 2013 09:01am EST 

Staffing 360 Solutions Inc announced that it has executed an Acquisition Agreement (the Agreement) with IDC Technologies Inc. Pursuant to the terms of the Agreement, Staffing 360 Solutions will acquire all the issued and outstanding stock of IDC as it becomes a wholly owned subsidiary of the Company. Among other conditions to closing are the completion of due diligence, negotiation and execution of a Stock Purchase Agreement, and certified audits by a PCAOB certified auditor as well as the entry into a separate vendor agreement with IDC India to provide services to Staffing 360 for a period of 42 months. Terms of the transaction were not disclosed. 

Company Quote

1.94
-0.03 -1.52%
9 Jul 2014