AMN Healthcare Services News Release (01/04/16)
AMN Healthcare Services Inc. has acquired B.E. Smith, an interim leadership and executive search firm, for $160 million. B.E. Smith’s health care clients include acute care hospitals, academic medical and children’s hospitals, physician practices, and post-acute care providers.
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.
Transact Capital News Release (12/31/15)
Atlanta-based CorTech LLC, an industrial, information technology, and health care staffing company, has acquired Richmond, VA-based Partnership Staffing Inc. Terms of the transaction were not disclosed.
Wall Street Journal (01/04/16) Jeffrey Sparshott
The Institute for Supply Management’s gauge of manufacturing activity dropped from 48.6 in November to 48.2 in December, with readings under 50 denoting contraction in the sector. December’s reading was the lowest since the recession ended and marked the first consecutive months of contraction since 2009.
The report prompted JPMorgan Chase to downgrade its forecast for fourth-quarter gross domestic product growth from 2% to 1%, but JPMorgan Chase economist Michael Feroli expects growth of 2.25% for the first quarter of 2016. Meanwhile, the ISM report showed that a measure of export demand expanded for the first time since April, but that was overshadowed by contractions in new orders, production, and employment.
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The next few weeks will be full of free education from ASA. These upcoming ASA webinars can help you understand your reporting obligations under the Affordable Care Act, learn to handle challenging conversations, and coach clients on communicating with top talent.
Jan. 7—”2015 ACA Employer Reporting—Final Checklist”
Learn about your firm’s reporting obligations for 2015 under the Affordable Care Act.
Jan. 19—”Delivering Tough News to Applicants, Employees, and Customers”
Get guidance on how to handle challenging or uncomfortable conversations with candidates, employees, and clients.
Jan. 28—”Teaching Clients to Keep Candidates Engaged”
Find out how to work with clients and teach them how to communicate better with candidates so they can close deals with top talent.
ASA webinars are $295 for nonmembers and qualify for continuing education hours toward ASA certification renewal. Join ASA and enjoy ASA webinars for FREE.
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