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NEC Corp weighs offer for software provider CSG Systems, Reuters reports
The Fly

NEC Corp weighs offer for software provider CSG Systems, Reuters reports

Japanese technology group NEC Corp has been talking to its advisers about the possibility of making an offer for CSG Systems (CSGS), which provides customer care and billing solutions for cable and phone companies, Reuters’ Milana Vinn reports, citing people familiar with the matter. NEC has been working with investment bankers at Morgan Stanley (MS) on a potential offer for CSG, which has explored a sale over the past year, the sources said. Shares of CSG have gained about 5% to $59.25 in morning trading.

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