Group Management Services to acquire Corporate Business Solutions.

Group Management Services, an employee administration provider, agreed to acquire Corporate Business Solutions, a Georgia-based Human Resources Outsourcing provider. Financial terms were not disclosed. "The acquisition by GMS will enable CBS to further deliver on its promise to provide our clients a wide array of quality insurance products that are affordably priced. Enhancing our clients' competitive edge has always been core to CBS – this accelerates our ability to do that for our many valued clients," Jim Karle, CBS President.