Thursday, July 13, 2006

Kronos buying staffing company Unicru for $150 mln |

"Kronos Inc., which supplies staffing services and software to companies, on Thursday said it agreed to buy privately-held staffing company Unicru for $150 million.
The all-cash deal is expected to close in the fourth quarter of Kronos' fiscal 2006. The company said Unicru is expected to add total revenue of about $50 million in fiscal 2007.
Kronos expects the deal to add to earnings in fiscal 2008, it said."

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