Sykes Enterprises, Inc. (SYKE), said Tuesday that it has closed the acquisition of Alpine Access, Inc.
Alpine Access was acquired for a price of $150 million, which was financed through $108 million in borrowings under the company's credit facility and the remaining from cash on hand.
The borrowing will bear interest at a variable rate of LIBOR plus an applicable margin based on Sykes Enterprises' leverage ratio.
The company said that it plans to provide an update on the expected impact of the Alpine Access acquisition on the business outlook for the fourth quarter and full-year 2012 when it reports its third quarter results.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.