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Article: CORR: AUSTRALIAN LAWYERS SLATER&GORDON BUY SUBURBAN FIRM KENYONS.
- Article from:
- AsiaPulse News
- Article date:
- November 12, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Correction: typo in headline
SYDNEY, Nov 12 Asia Pulse - Listed Australian lawyers Slater and Gordon Ltd (ASX:SGH) have acquired Melbourne suburban lawyers, Kenyons, for a mixture of cash and A$800,000 (US$744,400) in the company's shares.
Slater and Gordon said on Thursday that part of the cash component of the purchase price would be deferred to September 2010 and September 2011, subject to the business meeting performance criteria.
Kenyons, established in 1980, operates from two offices in Melbourne's northern suburbs. The practice generates more than A$5 million per year in fees ...