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BRIEF-Becker Professional Education to buy ACAMS for $330 mln
May 24, 2016 / 8:56 PM / a year ago

BRIEF-Becker Professional Education to buy ACAMS for $330 mln

May 24 (Reuters) - Becker Professional Education

* Purchase price of $330 million

* Becker Professional Education says acquisition will be modestly dilutive to earnings per share in fiscal 2017

* Becker Professional Education says ACAMS is expected to generate fiscal 2017 revenue in low $40 million range

* Deal is expected to be accretive in fiscal 2018 and beyond

* Transaction will be funded through a combination of cash and debt.

* Becker Professional Education to acquire ACAMS Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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