This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Korn/Ferry Enters Into A Definitive Agreement To Acquire Leading Global Leadership Solutions Firm, PDI Ninth House

LOS ANGELES, Dec. 6, 2012 /PRNewswire/ -- Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, today announced that it has entered into a definitive agreement to acquire Minneapolis-based PDI Ninth House, a leading, globally-recognized provider of leadership solutions. 

In business for over 45 years, PDI Ninth House (PDINH) operates out of more than 20 global locations. The firm is widely regarded for its comprehensive suite of assessment, leadership development and technology-enabled offerings, helping clients to maximize the quality and strength of their leaders.

"We believe the combined suite of talent management offerings, rich intellectual property and world-class people will immediately increase Korn/Ferry's depth and scale in being the most relevant leadership organization in the world," said Gary D. Burnison, CEO of Korn/Ferry International." PDI Ninth House not only has capabilities that are a strong fit for our clients, but they share our same vision that despite all of the technological innovations of the past century, it is still great people that drive business success."

"PDI Ninth House looks forward to joining Korn/Ferry," said RJ Heckman, President and CEO of PDI Ninth House. "I believe that with the combined strength of our complementary services and aligned approach to R&D and developing new and innovative solutions, we will be unlike anything ever seen in the leadership industry. With Korn/Ferry, we have a partner with a powerhouse brand, global reach and the same passion for delivering leading edge talent management solutions." 

PDINH will be part of Korn/Ferry's Leadership and Talent Consulting segment. Like Korn/Ferry, PDINH emphasizes the importance of research-based, intellectual property as the basis of its talent management solutions. The firm is also recognized as a leading provider of technology-driven talent management solutions, including an online platform that delivers hundreds of published titles consumed via the web and widely embraced e-Coaching capabilities, as well as interactive learning tools.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,287.95 +21.96 0.13%
S&P 500 2,013.04 +1.68 0.08%
NASDAQ 4,587.4470 -5.9780 -0.13%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs