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GVP — GSE Systems News Story

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Brief: GSE Systems Acquires True North Consulting LLC

May 14 (Reuters) - GSE Systems Inc  GVP.O :
    * GSE SYSTEMS, INC. ACQUIRES TRUE NORTH CONSULTING, LLC
    * GSE SYSTEMS INC - DEAL FOR $9.75 MILLION
    * GSE SYSTEMS INC - TRANSACTION ANTICIPATED TO BE
IMMEDIATELY
ACCRETIVE TO GSE'S ADJUSTED EARNINGS
    * GSE SYSTEMS INC - GSE SECURES $25 MILLION DELAYED DRAW
TERM LOAN
TO FUND ACQUISITIONS
    * GSE SYSTEMS INC - FOR REPORTING PURPOSES, TRUE NORTH WILL
BE
INCLUDED IN GSE'S PERFORMANCE IMPROVEMENT SOLUTIONS SEGMENT

Source text for Eikon:  ID:nBwb3D70Na 
Further company coverage:  GVP.O 

 ((Reuters.Briefs@thomsonreuters.com;))

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