cross country healthcare inc (CCRN) Key Developments
Cross Country Healthcare Plans Acquisitions
Jul 29 15
Cross Country Healthcare, Inc. (NasdaqGS:CCRN) plans to make acquisitions. Cross Country Healthcare will use the net proceeds from the sale of Cross Country Education to finance further investments to grow revenue including acquisitions. Cross Country Education will be sold for $8 million and potential additional consideration of $0.5 million.
Cross Country Healthcare, Inc. Enters into an Amendment to its Second Lien Loan and Security Agreement
Jul 23 15
Cross Country Healthcare, Inc. entered into an amendment, dated July 22, 2015, by and among the company, as borrower, certain domestic subsidiaries as guarantors, the lenders party thereto, and BSP Agency, LLC, as agent, to its Second Lien Loan and Security Agreement. Under the terms of the amendment, the interest rate on the term loan was modified at no cost from LIBOR plus 6.50% to LIBOR plus. As of June 30, 2015, this term loan had an outstanding balance of $30.0 million. The foregoing description of the Amended Agreement is qualified in its entirety by reference to the full terms and provisions of the Second Amendment to Second Lien Loan and Security Agreement.
Cross Country Healthcare, Inc. Presents at Cantor Fitzgerald's Inaugural Healthcare Conference, Jul-08-2015 08:00 AM
Jun 18 15
Cross Country Healthcare, Inc. Presents at Cantor Fitzgerald's Inaugural Healthcare Conference, Jul-08-2015 08:00 AM. Venue: Le Parker Meridien Hotel, 119 W. 56th Street, New York, NY 10019, United States. Speakers: William J. Burns, Chief Financial Officer and Principal Accounting Officer, William J. Grubbs, Chief Executive Officer, President, Director and Member of Proxy Committee.
Cross Country Healthcare Elects Mark Perlberg to the Board of Directors
May 14 15
Cross Country Healthcare announced that Mark Perlberg, President and CEO of Oasis Outsourcing, has been elected to the Board of Directors of the company effective May 12, 2015. Mr. Perlberg is an active member of the National Association of Professional Employer Organizations (NAPEO), serving as chairman of the board for 2013-2014 and previously running NAPEO's Healthcare Reform Task Force. He is also the current chairman of the board for the Employer Services Assurance Corporation (ESAC), an independent and non-profit accreditation and financial assurance organization for the PEO industry.
Cross Country Healthcare, Inc. Appoints Deloitte & Touche LLP as Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2015
May 13 15
Cross Country Healthcare, Inc. announced that AGM was held on May 12, 2015, the shareholders approved the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2015.