Sept 24 (Reuters) - TaskUs ( TASK ) on Wednesday
postponed a shareholder meeting to vote on a take-private offer
from investment firm Blackstone and the company's
co-founders, stating that the delay would allow more time to
solicit shareholder support for the deal.
The outsourcing company, headquartered in Texas, provides
online services such as content moderation to customers in
industries including e-commerce, food delivery, streaming media
and healthcare.
The meeting, originally scheduled for September 10, has been
rescheduled to October 8, 2025.
The all-cash transaction, announced in May, values the
company at $16.50 per share.
However, last month, Institutional Shareholder Services
(ISS) recommended that investors reject the proposal, noting
opposition from major shareholders Murchinson and Think
Investments, who argue the offer undervalues the company.
Shares of TaskUs ( TASK ) closed at $18.03 on Wednesday.
ISS recommendations on mergers, proxy fights and other
transactions are closely watched and often influence investor
voting decisions.