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AMN Healthcare Announces Second-Quarter 2014 Results

Published August 01, 2014 ■ Headline News

AMN Healthcare Services News Release (07/31/14)

AMN Healthcare Services Inc. reported revenues of $250.9 million for the second quarter of 2014, up 4.2% from the prior quarter and higher than the company’s guidance, but down 1% from $253.9 million in the second quarter of 2013. Net income totaled $7.2 million, down 14% from $8.4 million in the year-ago quarter.

“Market trends strengthened across all of our segments as we progressed through the second quarter, contributing to a stronger than expected performance and a brighter outlook for the remainder of the year,” said Susan R. Salka, AMN president and chief executive officer.

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Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?

Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.

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