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Loder Drew Associates Company

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July 8, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
An Atlanta auditing firm said Tuesday it plans to buy Loder, Drew & Associates Inc., a San Juan Capistrano-based audit company that has become successful by helping businesses boost their bottom lines. Profit Recovery Group International Inc. said it will pay $70 million in cash and 803,535 shares of unregistered and restricted stock to buy Loder, Drew in a deal that could close by the end of the month.
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BUSINESS
July 8, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
An Atlanta auditing firm said Tuesday it plans to buy Loder, Drew & Associates Inc., a San Juan Capistrano-based audit company that has become successful by helping businesses boost their bottom lines. Profit Recovery Group International Inc. said it will pay $70 million in cash and 803,535 shares of unregistered and restricted stock to buy Loder, Drew in a deal that could close by the end of the month.
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