UPDATE 1-Gevity shareholders approve merger with TriNet
By : * Shareholders approve takeover by TriNet
Date posted :2009-05-20 17:26:00
*CEO, CFO to quit following merger
May 20 (Reuters) - Human resource firm Gevity HR Inc (GVHR.O) said its shareholders approved its acquisition by TriNet Group Inc.
Separately, in a filing with the Securities and Exchange Commission, Gevity said it provided employment termination notices to some of its top executives, including Chief Executive Michael Lavington and Chief Financial Officer Garry Welsh.
The company said the notices of termination were effective June 1, 2009 -- the expected date for the closure of the merger.
In March, Gevity said it would be taken private by human resources outsourcing provider TriNet for $98 million in cash and the combined company would be led by TriNet's chief executive Burton Goldfield.
Read the full article.
[Back to Previous Page]
Featured Jobs
Browse Featured Jobs
- ADMHS CASE WORKER - County of Santa Barbara
- Building Maintenance Supervisor - County of Santa Barbara
- FIRE EQUIPMENT OPERATOR - County of Santa Barbara
- PUBLIC HEALTH CASEWORKER - County of Santa Barbara
- Yerby Postdoctoral Fellowship Program - Harvard School of Public Health
- Attention Entrepreneur's - Erie Insurance Group
Hot Jobs
Browse Hot Jobs
- Software Developer - Dart Container
- Principal Systems Integration Technologist - Raytheon IIS
- Casino Tropicana - TROPICANA ENTERTAINMENT LLC
- Commissioned Mortgage Loan Officer - Spirit Bank
- PA / NP - Physicians At Home, Inc
- SALES PEOPLE - TELEMARKETING - HGH QUALITY BLEND
- TELLER - F & M BANK
- PHYSICAL THERAPIST, HOUSE KEEPERS - OCOM
- Psychology - University of Science and Arts of Oklahoma
- CHIEF CREDIT OFFICER - BANK OF THE LAKES
- QUALITY CONTROL - Concept Rocket
- Operations Support Assistant - OMNI AIR INTERNATIONAL
- PHLEBOTOMIST FT AND PT - CLINICAL PATHOLOGY LABORATORIE
- Subcontract / Contract Specialist III-aircraft - Alliant Techsystems Inc.






























