According to WSJ, Convergys (CVG) seeking strategic alternatives

POTENTIAL DEAL DETAILS

Convergys Corp. (CVG)  is in talks with several parties interested in the call-center operator, according to people familiar with the matter, as the company looks for a buyer that could help it bulk up at a time of rapid change in the industry.

Update(s):

June 20, 2018: Business process services company Synnex Corp (SNX) is in discussions to acquire Convergys Corp (CVG), a call center operator, in a move that would create a bigger player in the technology and information services space, people familiar with the matter said on Tuesday.

June 28, 2018: Convergys Corporation (CVG), a global leader in customer experience outsourcing, today announced that it has entered into a definitive agreement under which SYNNEX Corporation (SNX), a leading business process services company, will acquire Convergys in a cash and stock transaction with an enterprise value of approximately $2.8 billion, including approximately $170 million of Convergys outstanding net debt.

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