Brief: GSE Systems Acquires DP Engineering For For $13.5 Mln In Cash

GSE Systems

19/02/2019 13:34

Feb 19 (Reuters) - GSE Systems Inc  GVP.O :
    * GSE SYSTEMS ACQUIRES DP ENGINEERING
    * GSE SYSTEMS INC - DEAL FOR FOR $13.5 MILLION IN CASH
    * GSE SYSTEMS INC - DEAL IMMEDIATELY ACCRETIVE TO GSE'S
ADJUSTED
EARNINGS PER SHARE
    * GSE SYSTEMS INC - GSE DREW ON ITS EXISTING DELAYED DRAW
TERM
LOAN FACILITY TO FUND TRANSACTION
    * GSE SYSTEMS INC - FOR REPORTING PURPOSES, DP ENGINEERING
WILL BE
INCLUDED IN GSE'S PERFORMANCE IMPROVEMENT SOLUTIONS SEGMENT

Source text for Eikon:  ID:nBw9wbR2a 
Further company coverage:  GVP.O 

 (Reuters.Briefs@thomsonreuters.com)