financetom
Business
financetom
/
Business
/
TTEC Committee Concludes Review of Buyout Offer From CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TTEC Committee Concludes Review of Buyout Offer From CEO
Apr 1, 2025 2:53 PM

05:31 PM EDT, 04/01/2025 (MT Newswires) -- TTEC ( TTEC ) special board committee concluded its review Tuesday of Chief Executive Kenneth Tuchman's unsolicited buyout offer for the company and suggested to engage with him for a definitive deal proposal.

Tuchman on Sept. 27 offered to acquire all of TTEC ( TTEC ) shares he or his affiliates do not already own for $6.85 apiece.

The company said Tuesday the panel, with assistance from Rothschild, its financial advisor, and Skadden Arps Slate Meagher and Flom, its legal advisor, completed its review, adding that no shareholder action is required at this time and there is no assurance the discussions will lead to a deal.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Wayfair Insider Sold Shares Worth $2,927,889, According to a Recent SEC Filing
Wayfair Insider Sold Shares Worth $2,927,889, According to a Recent SEC Filing
May 29, 2025
03:38 AM EDT, 05/29/2025 (MT Newswires) -- Niraj Shah, 10% Owner, Director, Chief Executive Officer, on May 27, 2025, sold 72,490 shares in Wayfair ( W ) for $2,927,889. Following the Form 4 filing with the SEC, Shah has control over a total of 491,994 Class A common shares of the company, with 469,137 shares held directly and 22,857 controlled...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Axsome Therapeutics Insider Sold Shares Worth $4,232,636, According to a Recent SEC Filing
Axsome Therapeutics Insider Sold Shares Worth $4,232,636, According to a Recent SEC Filing
May 29, 2025
03:37 AM EDT, 05/29/2025 (MT Newswires) -- Mark L. Jacobson, Chief Operating Officer, on May 27, 2025, sold 40,673 shares in Axsome Therapeutics ( AXSM ) for $4,232,636. Following the Form 4 filing with the SEC, Jacobson has control over a total of 5,783 common shares of the company, with 5,783 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1579428/000095017025078552/xslF345X05/ownership.xml ...
Navitas Semiconductor Insider Sold Shares Worth $9,679,466, According to a Recent SEC Filing
Navitas Semiconductor Insider Sold Shares Worth $9,679,466, According to a Recent SEC Filing
May 29, 2025
03:36 AM EDT, 05/29/2025 (MT Newswires) -- Eugene Sheridan, Director, President & Chief Executive Officer, on May 23, 2025, sold 2,155,783 shares in Navitas Semiconductor ( NVTS ) for $9,679,466. Following the Form 4 filing with the SEC, Sheridan has control over a total of 2,787,376 Class A common shares of the company, with 2,787,376 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1821769/000162828025028234/xslF345X05/wk-form4_1748483785.xml...
Copyright 2023-2026 - www.financetom.com All Rights Reserved