TTEC Holdings Shares Climb on Update to Take-Private Offer

Dow Jones

2025/04/02

By Kelly Cloonan

Shares of TTEC Holdings climbed after a special committee said it is ready to consider and engage with a take-private offer from the company's founder and chief executive.

The stock rose 20% to $3.94 on Tuesday in after-hours trading. Shares had fallen 68% over the past 12 months through Tuesday's market close.

Founder and CEO Kenneth Tuchman's previously announced proposal, dated Sept. 27, offered to acquire the company's outstanding shares for $6.85 each. That offer price marked a 69% premium to the most recent closing price at the time.

The company said a special committee from its board, with the help of Rothschild & Co and Skadden, Arps, Slate, Meagher and Flom LLP, reviewed the offer and remains ready to consider and engage with Tuchman on a definitive deal.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 01, 2025 17:52 ET (21:52 GMT)

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Shares had fallen 68% over the past 12 months through Tuesday's market close. \n</p>\n<p>\n  Founder and CEO Kenneth Tuchman's previously announced proposal, dated Sept. 27, offered to acquire the company's outstanding shares for $6.85 each. That offer price marked a 69% premium to the most recent closing price at the time. \n</p>\n<p>\n  The company said a special committee from its board, with the help of Rothschild &amp; Co and Skadden, Arps, Slate, Meagher and Flom LLP, reviewed the offer and remains ready to consider and engage with Tuchman on a definitive deal. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2025 17:52 ET (21:52 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4106","symbol_name":"数据处理与外包服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524122238","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524122238","pubTimestamp":1743544320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of TTEC Holdings climbed after a special committee said it is ready to consider and engage with a take-private offer from the company's founder and chief executive.The stock rose 20% to $3.94 on Tuesday in after-hours trading. 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