TTEC Holdings ( (TTEC) ) has issued an update.
TTEC Holdings, Inc. has made headlines with the announcement from its CEO Kenneth Tuchman, who also happens to be the founder and chairman, proposing to take the company private at $6.85 per share—a premium of up to 69% over recent trading prices. Tuchman, who owns around 58% of TTEC’s common stock, is driving the transition with the aim to accelerate strategic investments and long-term success away from the public eye. While the proposal is still in its early stages, requiring financing, definitive agreements, and the green light from a majority of minority shareholders, it signals a potentially significant shift for the customer experience solutions provider.
For an in-depth examination of TTEC stock, go to TipRanks’ Stock Analysis page.
