TaskUs Shares Fall After Holders Reject Take-Private Deal

Dow Jones

2025/10/09

By Stephen Nakrosis

Shares of TaskUs were trading lower, following news shareholders rejected a deal which would have seen the provider of outsourced digital services taken private.

In May, TaskUs said it would, with shareholder approval, be taken private by a buyer group which included company executives and an affiliate of Blackstone.

TaskUs said at a special meeting it didn't receive enough shareholder votes to carry out the planned deal. TaskUs doesn't plan to convene another special meeting, and expects to terminate the proposed transaction, the company said.

Just before the closing bell, shares were trading 12.8% lower at $14.89. Shares opened at $15.50 and were trading as high as $16.49 earlier in the session. Volume topped 2.8 million shares, above the stock's 65-day average volume of 339,563.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

October 08, 2025 15:57 ET (19:57 GMT)

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TaskUs doesn't plan to convene another special meeting, and expects to terminate the proposed transaction, the company said. \n</p>\n<p>\n  Just before the closing bell, shares were trading 12.8% lower at $14.89. Shares opened at $15.50 and were trading as high as $16.49 earlier in the session. Volume topped 2.8 million shares, above the stock's 65-day average volume of 339,563. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 08, 2025 15:57 ET (19:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TaskUs Shares Fall After Holders Reject Take-Private Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTaskUs Shares Fall After Holders Reject Take-Private Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-09 03:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Stephen Nakrosis \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of TaskUs were trading lower, following news shareholders rejected a deal which would have seen the provider of outsourced digital services taken private. \n</p>\n<p>\n  In May, TaskUs said it would, with shareholder approval, be taken private by a buyer group which included company executives and an affiliate of <a href=\"https://laohu8.com/S/BX\">Blackstone</a>. \n</p>\n<p>\n  TaskUs said at a special meeting it didn't receive enough shareholder votes to carry out the planned deal. TaskUs doesn't plan to convene another special meeting, and expects to terminate the proposed transaction, the company said. \n</p>\n<p>\n  Just before the closing bell, shares were trading 12.8% lower at $14.89. Shares opened at $15.50 and were trading as high as $16.49 earlier in the session. Volume topped 2.8 million shares, above the stock's 65-day average volume of 339,563. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 08, 2025 15:57 ET (19:57 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":"IE00B3QW5Z07.USD","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2574974218","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2574974218","pubTimestamp":1759953420,"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 TaskUs were trading lower, following news shareholders rejected a deal which would have seen the provider of outsourced digital services taken private.In May, TaskUs said it would, with shareholder approval, be taken private by a buyer group which included company executives and an affiliate of Blackstone.TaskUs said at a special meeting it didn't receive enough shareholder votes to carry out the planned deal. 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TaskUs doesn't plan to convene another special meeting, and expects to terminate the proposed transaction, the company said. \n\n\n  Just before the closing bell, shares were trading 12.8% lower at $14.89. Shares opened at $15.50 and were trading as high as $16.49 earlier in the session. Volume topped 2.8 million shares, above the stock's 65-day average volume of 339,563. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 08, 2025 15:57 ET (19:57 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}