H&R Block (HRB) reaches a preliminary non-binding agreement to sell most of its RSM...

|By:, SA News Editor

H&R Block (HRB) reaches a preliminary non-binding agreement to sell most of its RSM McGladrey tax and consulting business to accounting firm McGladrey & Pullen for ~$610M. The firm says the deal will result in a $0.17/share after-tax charge to earnings. HRB +1.1% premarket. (PR)