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Kelly Enters Agreement to Acquire Specialty Talent Solutions Company Motion Recruitment Partners; Company Says $425M In Cash To Be Paid At Close, With Additional Earnout Potential Of Up To $60M

Author: Benzinga Newsdesk | May 03, 2024 07:34am

 The Company expects to fund the transaction through debt and available capital, including the rapid redeployment of more than $100 million from the sale of Kelly's European staffing operations in January 2024. The transaction is expected to close in the second quarter of 2024, subject to receipt of required regulatory approvals and other customary closing conditions.

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