CDI Corporation

CDI Corp. To Explore Strategic Alternatives To Maximize Stockholder Value, Engages Financial Adviser

PHILADELPHIA, March 20, 2017 /PRNewswire/ — CDI Corp. (NYSE: CDI) (the “Company”), a leading provider of engineering¬†and information technology talent, project and managed services, today announced that it has initiated a process to identify and evaluate strategic alternatives to maximize stockholder value. As part of this process, it has engaged Houlihan Lokey, a leading investment banking firm, as financial advisor to assist it in exploring a potential sale of the Company. Strategic alternatives will be evaluated in combination with the Company’s ongoing transformation that focuses on disciplined operations and sales effectiveness.

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