January 31, 2018 / 12:26 PM / in 7 months

BRIEF-On Assignment To Acquire ECS Federal For $775 Million In Cash

Jan 31 (Reuters) - On Assignment Inc:

* ON ASSIGNMENT, INC. TO ACQUIRE ECS FEDERAL, LLC, ONE OF THE LARGEST PRIVATELY-HELD GOVERNMENT SERVICES CONTRACTORS, FOR $775 MILLION IN CASH

* ON ASSIGNMENT INC - ACQUISITION IS ACCRETIVE TO ON ASSIGNMENT’S 2017 ADJUSTED NET INCOME

* ON ASSIGNMENT SAYS SIGNED AGREEMENT TO BUY ECS FEDERAL FROM ROY KAPANI, LINDSAY GOLDBERG, A PRIVATE INVESTMENT FIRM Source text for Eikon: Further company coverage:

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