First advantage to acquire sterling check corp. for $2.2 billion in cash and stock

Atlanta and independence, ohio, feb. 29, 2024 (globe newswire) -- first advantage corporation (nasdaq:fa), a leading provider of employment background screening, identity, and verification solutions, announced today that it has entered into a definitive purchase agreement to acquire sterling check corp. (nasdaq:ster), a provider of background screening and identity services. first advantage will issue a combination of cash and stock valuing sterling at approximately $2.2 billion, including sterling's outstanding debt.
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