29 July 2010 - US healthcare staffing services provider AMN Healthcare Services (NYSE: AHS) said Wednesday it has struck a deal to buy smaller competitor Medfinders for USD88m (EUR67.8m) in stock to enhance its position.

As part of the deal, AMN will also refinance Medfinders´ USD132m debt, the company said in a statement. The purchase price will consist of 6.3m common shares and 5.7 million shares of Series A conditional convertible preferred stock.

The acquisition is expected to add to AMN´s earnings in 2011.

(USD1 = EUR0.770)