MPS Group Shareholders Approve Merger with Adecco

Friday January 15th 2010 11:31:48 AM

JACKSONVILLE, Fla., Jan 15, 2010 (BUSINESS WIRE) -- MPS Group, Inc. (NYSE:MPS), a leading provider of specialty staffing, consulting and business solutions, today announced that its shareholders, at a special meeting of shareholders held earlier today in Ponte Vedra Beach, Florida, approved a merger agreement providing for the merger of MPS Group with Adecco Inc., a Delaware corporation, and Jaguar Acquisition Corp., a Florida corporation and wholly owned subsidiary of Adecco. The closing of the merger currently is anticipated to occur on Tuesday, January 19, 2010. Upon closing, MPS Group's shareholders would be entitled to rec...

Accounting Principals Releases 2010 Salary Guide

Tuesday January 12th 2010 12:36:30 PM

JACKSONVILLE, Fla., Jan 12, 2010 (BUSINESS WIRE) -- Accounting Principals, the accounting and finance recruitment unit of MPS Group, Inc. (NYSE:MPS), today announced the release of the 2010 Salary Guide for Accounting and Finance Professionals. The 24-page publication is a comprehensive resource for current salary and compensation information in the accounting and finance industry. Salary data is provided in partnership with Salary.com Inc., including national, regional and local salary data broken out by base salary, total cash compensation and company size. Additionally, the guide features an exclusive article, "Navigating to Greatne...

Beeline Learning Solutions Wins Second Gold Brandon Hall Learning Award

Wednesday January 6th 2010 03:01:00 PM

JACKSONVILLE, Fla., Jan 06, 2010 (BUSINESS WIRE) -- Beeline, the workforce solutions business unit of MPS Group, Inc. (NYSE:MPS), today announced that it has won a second Brandon Hall Gold Award for Excellence in the Best Custom Content category. Beeline Learning Solutions developed this award-winning online experience to provide employees of a large biopharmaceutical company, particularly operational managers, with basic business acumen. By interacting with key financial statements and basic financial concepts, they have the opportunity to see how day-to-day business decisions can have an impact on results and the company's ability to meet its financial goals. "Our approach is simple," ...

MPS Group Agrees to Settle Shareholder Class Action Lawsuits

Tuesday January 5th 2010 08:47:00 AM

JACKSONVILLE, Fla., Jan 05, 2010 (BUSINESS WIRE) -- MPS Group, Inc. (NYSE:MPS), a leading provider of specialty staffing, consulting and business solutions, today announced that it and the other named defendants have entered into a memorandum of understanding with plaintiff's counsel regarding the settlement of two putative class action lawsuits filed in response to the announcement of the proposed merger of MPS Group with Adecco Inc., a Delaware corporation, and Jaguar Acquisition Corp., a Florida corporation and wholly owned subsidiary of Adecco. Under the terms of the memorandum, MPS Group, the other named defendants and the plaintiffs have agreed to settle the lawsuits, subject to cour...

Soliant Health to Exhibit at 2009 American Speech-Language-Hearing Association Convention

Wednesday November 18th 2009 10:31:00 AM

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Nov. 18, 2009-- Soliant Health, the healthcare staffing unit of MPS Group, Inc. (NYSE:MPS), today announced that it will participate in the American Speech-Language-Hearing Association (ASHA) Convention in New Orleans, November 19-21. ASHA is the professional, scientific, and credentialing association for more than 130,000 members and affiliates who are audiologists, speech-language pathologists, and speech, language, and hearing scientists based in the United States and internationally. This year, the ASHA convention will feature educational sessions, presentations, conti...

Special Counsel Continues Sponsorship of Partners / In House Counsel Dinner at NAPABA

Tuesday November 17th 2009 10:31:00 AM

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Nov. 17, 2009-- Special Counsel, Inc., the legal staffing unit of MPS Group, Inc.(NYSE: MPS), today announced that it will again sponsor the Partners and In House Counsel dinner event at the 21st Annual Convention of the National Asian Pacific American Bar Association (NAPABA), to be held in Boston, November 18 - 22, 2009. NAPABA is the association of Asian Pacific American (APA) attorneys, judges, law professors, and law students in the U.S., providing a national network for its members and affiliates. NAPABA advocates for the legal needs and interests of the APA community and r...

Beeline Featured as Panelist, Exhibitor at the 2009 Contingent Workforce Strategies Summit

Tuesday November 3rd 2009 10:01:00 AM

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Nov. 3, 2009-- Beeline, the workforce solutions business unit of MPS Group, Inc. (NYSE: MPS), today announced that it will exhibit at the Contingent Workforce Strategies (CWS) Summit, to be held November 3-4, 2009, at the Buena Vista Palace Hotel in Orlando, Florida. Representatives of Beeline CWS will be available during the conference to discuss products and services related to its Contingent Workforce Solutions, including Managed Services, Workforce Consulting Services and Vendor Management Software (VMS). Demonstrations of the newly released VMS–Beeline 7.0 will be avai...

MPS Group Announces Third Quarter 2009 Results

Thursday October 29th 2009 07:02:00 AM

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Oct. 29, 2009-- MPS Group, Inc. (NYSE:MPS), a leading provider of specialty staffing, consulting and business solutions, today announced financial results for the third quarter and nine months ended September 30, 2009. Third quarter revenue of $408 million was within the range of guidance previously provided by management, and diluted net income per common share of $0.06 was above the range of guidance previously provided by management, due primarily to lower general and administrative expenses and the benefit of a lower income tax rate. MPS Group revenue decreased 29% versus las...

MPS Group to Report Third Quarter Earnings

Monday October 26th 2009 04:36:00 PM

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Oct. 26, 2009-- MPS Group, Inc. (NYSE:MPS) today announced that it plans to issue its earnings release for the third quarter and nine months ended September 30, 2009, before the opening of market trading on Thursday, October 29, 2009. As previously announced on October 20, 2009, MPS Group has entered into a definitive agreement to be acquired by Adecco Group for $13.80 per common share in a cash transaction valued at approximately $1.3 billion. The transaction is expected to close in the first quarter of 2010 and is subject to MPS Group shareholder approval, antitrust clearance, ...

MPS Group to Be Acquired by Adecco

Tuesday October 20th 2009 12:37:00 AM

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Oct. 20, 2009-- MPS Group, Inc. (NYSE:MPS), a leading provider of specialty staffing, consulting and business solutions, today announced that it has entered into a definitive agreement to be acquired by Adecco Group (SIX: ADEN-VX) (Euronext: ADE) for $13.80 per common share in a cash transaction valued at approximately $1.3 billion. This represents a premium of 24% over yesterday’s closing stock price and a premium of 27% and 36%, respectively, over the average closing stock price (VWAP) during the last 30 and 90 calendar days. The Board of Directors of MPS Group unanimously approved...