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  • manboking manboking Dec 2, 1998 11:50 AM Flag

    Staffing Services

    Daniel....the article I have reference to was
    published on November 3rd. (look under HWC news),
    conserning the adquisition of two staffing companies by WAK
    for its Wackenthunt Resoures Division. Sorry if I
    have not made this clear, but as you know the staffing
    that WHC refers to probably has to do with the
    corretional facilities and/or hospital in Broward County,
    Fla. that they atually diretly own and run. As far as
    I know WHC is not in the staffing business per se,
    other than to supply for their needs at their

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    • ManB,

      Thanks for clarifying the source of
      your article.

      The article seems to indicate a
      more grandiose plan than merely staffing to supplement
      the corrections business.. this may be the case since
      the staffing business is held by the parent not just
      WHC itself as you earlier

      <<The Wackenhut Corporation (NYSE: WAK WAKB) announced
      today it has
      acquired the assets of Sharp Services,
      Inc., and Advantage Temporary Services, Inc., based in
      Wichita, Kansas. Both Sharp Services and Advantage
      Temporary Services are staffing companies, providing a full
      range of temporary placement, recruitment and
      outsourcing services>>


      ``This acquisition is part of our larger strategy of
      becoming a global business-to-business services company
      with a complete range of service offerings available
      to businesses of all types and sizes. Our ongoing
      efforts to build a national staffing and leasing company


    • Latest SEC filing indicates WHC CEO sold all his shares. Why do you guys think he did this?

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