Wall Street Journal Online (03/12/12) Tess Stynes
Barrett Business Services has agreed to purchase approximately 2.5 million shares from the estate of William W. Sherertz, the company’s late chief executive, in a deal valued at about $59.7 million. Under the terms of the deal, Barrett Business will also purchase 500,000 shares from Nancy Sherertz. Barrett Business president and chief executive Michael Elich says the company thinks the stock repurchase will be accretive to shareholders.
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