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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Tue., Jan. 21, 4:13 PM

Slide #14. Kelly Services Insight

Acquirer: Kelly Services (NASDAQ:KELYA)
Acquiree: Insight
Details: Kelly Services (Nasdaq: KELYA, KELYB) today announced the acquisition of Insight, an education service staffing company with experience in partnering with school districts in Illinois, Massachusetts, New Jersey and Pennsylvania. The acquisition further expands Kelly's leadership position in the education workforce solutions industry, where Kelly Education is ranked the top provider across the U.S., filling nearly four million PreK-12 classrooms every school year. Terms of the acquisition were not disclosed. Insight, headquartered in Cherry Hill, New Jersey, with its current staff will merge with Kelly Education.

Kelly Services provides workforce solutions to customers in the Americas, Europe, the Middle East, and Africa, and Asia Pacific regions. Co.'s segments include: Americas Staffing, which delivers temporary staffing, as well as direct-hire placement services, in a number of staffing services such as office, education, marketing, and electronic assembly; International Staffing, which provides a similar range of staffing services as its Americas Staffing segment, including office, engineering, finance and accounting, information technology, and science; and Global Talent Solutions, which combines the delivery structure of its and consulting group and centrally delivered staffing business.

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Company Name:  Kelly Services, Inc.
Sector:  Business Services & Equipment
Number of ETFs Holding KELYA:  51
Total Market Value Held by ETFs:  $183.81M
Total Market Capitalization:  $785.00M
% of Market Cap. Held by ETFs:  23.41%

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January 21, 2020    4:13 PM Eastern
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