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UPDATE 1-Gevity says to evaluate possible strategic deals

Wednesday July 30, 2008

July 30 - Human resources firm Gevity HR Inc (GVHR) said it agreed to provide General Atlantic Service Co LLC with certain non-public information as it evaluates a possible strategic transaction.

The board authorized the management to initiate a formal process to seek proposals from potentially interested parties, after it received inquiries from several third parties, the company said in a statement.

Gevity managers enter talks about possible sale

Wednesday July 30, 2008

Gevity HR Inc.’s board of directors has authorized the professional employer organization’s managers to enter discussions about a possible sale or other transaction for the company.

One likely suitor is General Atlantic Service Co., a company that owns a major stake in a San Francisco company called Tri-Net Group that is similar to Gevity.

Employers Seeking Mature Workers: Apply Now

Wednesday July 30, 2008

AARP Foundation and The Employment Guide® Partner to Connect Older Workers with Businesses at a Special Job Fair Series

NORFOLK, Va.—In response to an aging workforce and a tightening labor market, AARP Foundation and The Employment Guide, a division of Dominion Enterprises, have combined efforts to bring together older workers with companies who seek their talents. The Employ the Older Workers Job Fair Series, taking place in 55 cities across the country from late August through October, will give employers the opportunity to meet and interview thousands of job seekers, all age 40 and older.

Gevity Reports Second Quarter 2008 Operating Results

Tuesday July 29, 2008

* Earnings from Continuing Operations Increase in Second Quarter
* Company’s Sales and Service Initiatives Lead to Client Employee Growth
* Exit from Non Co-employed Business Now Complete

BRADENTON, Fla., July 29, 2008—Gevity (GVHR), which serves as the full-service human resources department for small and mid-sized businesses, today reported second quarter 2008 earnings from continuing operations of $2.0 million, or $0.08 per diluted share, as compared to a loss from continuing operations of $0.3 million, or $0.01 per share, for the first quarter of 2008. Earnings for the second quarter of 2008 included:


Monday July 28, 2008

If you are interested in selling your product or service to the PEO Industry, September is the month to advertise to PEO professionals in the PEO Insider.

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