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Kforce Announces Closing the Sale of KCR and Gives Outlook for the Firm for the Remainder of 2012 and 2013

Kforce Inc. News Release (04/03/12)

Kforce Inc. on April 3 announced the completion of the sale of
all of the issued and outstanding shares of capital stock of
Kforce Clinical Research Inc. for an aggregate purchase price of
$50 million in cash. David Dunkel, chairman and chief executive
officer at Kforce, said, “Selling this division was a
logical step for us as we continue to narrow our focus,
streamline our business mix, and concentrate our resources on our
core service offerings.”