JACKSONVILLE, FL / ACCESSWIRE / April 22, 2024 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "us," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced its Board of Directors unanimously concluded a review of strategic alternatives. After extensive evaluation and deliberation, the Board determined the ongoing execution of the Company's strategic plan for internal growth coupled with an accelerated program for strategic acquisitions is the best way to maximize value for shareholders at this time. The GEE Group Board initiated the review of strategic alternatives process through its Mergers and Acquisition Committee (the "Committee"), comprised solely of independent members of the Board. The Committee, together with its advisor, DC Advisory, evaluated a comprehensive range of strategic alternatives to maximize shareholder value. The Company previously commenced the formal strategic alternatives review process in December, 2023. |