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STGGQ — STG News Story

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Brief: Stg gGoup announces agreement to acquire Preferred Systems Solutions

Feb 21 (Reuters) - Stg Group Inc  STGG.PK  
    * Stg group announces agreement to acquire preferred systems 
solutions (pss) 
    * Stg group says entered into a definitive merger agreement 
to acquire preferred systems solutions inc for a consideration 
of approximately $119 million 
    * Stg group inc says intends to fund purchase price with a 
combination of debt and equity financing 
 
Source text for Eikon:  ID:nGNXNQHQQa  
Further company coverage:  STGG.PK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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