03:43 PM EDT, 10/08/2025 (MT Newswires) -- TaskUs ( TASK ) said Wednesday its shareholders rejected proposed take-private deal with a buyer group, including a Blackstone (BX) affiliate, in a special meeting, sending shares down over 12%.

At the meeting, the outsourced digital services provider did not receive necessary votes to approve the transaction agreement with the buyer group, which consists of an affiliate of Blackstone, TaskUS ( TASK ) chief executive officer Bryce Maddock, and co-founder and president Jaspar Weir.

The company does not intend to hold another special meeting and expects to terminate the proposed offer, it added.

Price: 15.00, Change: -2.09, Percent Change: -12.23