tiprankstipranks
TTEC Holdings CEO Proposes Going Private at Premium Price
Company Announcements

TTEC Holdings CEO Proposes Going Private at Premium Price

TTEC Holdings ( (TTEC) ) has issued an update.

Don't Miss our Black Friday Offers:

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.

Related Articles
TipRanks Auto-Generated NewsdeskTTEC Holdings Reports Q3 2024 Financial Results
TheFlyTeleTech trading resumes
TheFlyTeleTech trading halted, volatility trading pause
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App