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Steiner Leisure Limited (STNR)

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  • Dec. 23, 2013, 12:46 PM
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  • Oct. 12, 2011, 1:29 PM
    Steiner Leisure (STNR +5%) trades up after saying it's acquired the assets of Cortiva Group, a private operator of post-secondary massage therapy schools, for $33M in cash. The acquisition is expected to be accretive to earnings post-integration and neutral to slightly accretive to earnings in 2012.
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Company Description
Steiner Leisure Ltd is engaged in the service of traditional and alternative massage, body and skin treatment options, fitness, acupuncture, medi-spa treatments and laser hair removal.
Sector: Services
Country: United States