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Medical Staffing Network Holdings Signs Asset Purchase Agreement And Files Voluntary Petition Under Chapter 11 To Implement Its Pre-arranged Restructuring

By TechAgreements

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Boca Raton, Fla. (July 6, 2010) – Medical Staffing Network Holdings, Inc. (OTCQX: MSNW) today announced that it has entered into an Asset Purchase Agreement to sell substantially all of its assets to MSN AcquisitionCo, LLC, an entity organized and to be owned by the Company's first lien secured lenders. In order to facilitate the sale process, the Company has filed a voluntary petition for relief.

Full post as published by TechAgreements on July 09, 2010 (boomark / email).

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