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million in cash. As part of the RMA and affiliates have filed for Chapter 11 bankruptcy protectionhin U.S. Bankruptcy Court in The transaction is expected to close by the end of thethirdf quarter, and in the meantime, RMA has arrangedx for additional financing for its operations. NCO NCOG) is a debt collection and business process outsourcing firm basedin Horsham, Pa. The compangy said the acquisition is expected to be neutralk tothis year's earnings and to help annuall earnings after that. In a statement, Dennis the CEO of RMA, said that the company told employees, clients and investors earlier this year that itwas "explorinh strategic alternatives" for the business.
He said the Chaptee 11 process will be the easiest way for the company to sell He added it will also alloew thecompany "to entertain any higherd and better offers."
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