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Providence Service Corp announces sale of Mission Providence joint venture to Konekt

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  1. Aug 11 (Reuters) - Providence Service Corp PRSC.O

    • Providence Service Corporation announces sale of Mission Providence joint venture to Konekt
    • Providence Service Corp - Konekt will acquire 100% of mission providence for total consideration of approximately usd $23 million
    • Providence Service Corp - of total consideration, Providence is expected to receive approximately usd $17 million for its 75% interest in joint venture
    • Providence Service Corp - Mission Providence will operate as a stand-alone division within Konekt business
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