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BRIEF-Information Services to acquire ESC Corporate Services Ltd

Published 2015-07-22, 06:13 a/m
BRIEF-Information Services to acquire ESC Corporate Services Ltd
ISV
-

July 22 (Reuters) - Information Services Corp ISV.TO :
* To acquire ESC Corporate Services Ltd
* Deal for C$28 million
* Says isc expects the transaction to be immediately accretive to the company's
EPS
* Expects to complete deal through unit using combination of cash and debt with
C$21 million of purchase price payable on closing
* Expects to complete deal through unit using up to C$7 million payable in the
form of a performance-based, 12-month earn out
* Transaction is expected to close in the third quarter of 2015

* Source text for Eikon ID:nCNW05mM4a

* Further company coverage ISV.TO

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