Florida investor Paul Bilzerian has acquired 2 million shares of the Hadson Corp. as part of Hadson's agreement to purchase HRB Holdings Inc., a Singer Co. division, company officials said Monday. Stephen Houghton, president and chief executive officer of the Hadson Corp., said an agreement for the purchase of HRB Holdings Inc. from Bilzerian was announced in February and a final agreement was completed earlier this month. He said Hadson acquired the company for $137 million in cash and 2 million shares of common stock. Houghton said Bilzerian's acquisition of the stock was for investment purposes only. Bilzerian took Singer private earlier this year and has been selling off a number of its assets.
