Prog Completes Purchasing Power Acquisition

MT Newswires Live01-03

Prog (PRG) said Friday it has completed its $420 million cash purchase of employee benefit program firm Purchasing Power.

The company said it used cash on hand and debt financing to pay for the deal, which was originally announced Dec. 1.

Price: 29.43, Change: -0.06, Percent Change: -0.20

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