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MPS Group Inc Shareholders Approve Adecco Bid

MPS Group Inc Shareholders Approve Adecco Bid

Shareholders of MPS Group Inc. have approved the $1.3 billion buyout of the Jacksonville-based professional staffing and consulting firm by Switzerland-based Adecco Group.

Adecco is paying $13.80 a share for each share of MPS.

Officials of MPS said they expect the deal to be completed tomorrow morning. They also said they expect to learn more about Adeccos plans for the MPS operations when Adecco officials come to Jacksonville next week to meet with employees. But they are optimistic that the company will expand MPSs Jacksonville operations, which employ about 375 people.

Adecco is acquiring MPS to expand its professional staffing business in the U.S. MPS provides staffing services for occupations such as information technology, finance, accounting, law and engineering.

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