Category: Business Services

RCM Technologies Rejects CDI Corp. Offer

RCM Technologies, Inc. (NASDAQ: RCMT) today announced that its Board of Directors has met with respect to the proposal by CDI Corp. to acquire all of the outstanding shares of RCM common stock for $5.20 per share, and has determined that it would not be in the best interests of the Company to pursue the transaction as presently structured by CDI Corp. The RCM Board’s determination has been communicated to CDI Corp. by letter.

About RCM

RCM Technologies, Inc. is a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced information technology and engineering services. RCM is an innovative leader in the design, development and delivery of these solutions to commercial and government sectors for more than 35 years. RCM’s offices are located in major metropolitan centers throughout North America. Additional information can be found at www.rcmt.com.

 

RCM Technologies, Inc.
Leon Kopyt
Chairman, President & CEO
or
Kevin D. Miller
Chief Financial Officer
Tel: 856-356-4500
Fax: 856-356-4600
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.rcmt.com