HMS Holdings Corp. (HMSY) announced Monday morning that it acquired the assets of Verify Solutions for $8 million, with additional future payments contingent upon future financial performance. The company expects the transaction to be accretive to EPS for the fiscal year ending December 31, 2010.
HMS Holdings gapped open slightly higher Monday and has since risen sharply. Shares are now up 3.59 at $52.28. The stock has surged to a new high for the year.
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