POTENTIAL DEAL DETAILS
|Date Announced||12/23/2021||Source||Press Release|
|Type||Unsolicited Bid||Acquiring Company/Person||CSP Management|
CSP Management Limited submitted a preliminary non-binding proposal to the Board of Directors of the Issuer related to the proposed acquisition by the Reporting Persons of all of the shares of StarTek (SRT) Common Stock not beneficially owned by the Reporting Persons for a cash consideration of US$5.40 per share.
September 19, 2022: On September 19, 2022, CSP Management Limited, on behalf of itself and the other Reporting Persons, submitted a letter to the Special Committee of the Board of Directors of the Issuer to formally withdraw the non-binding proposal submitted to the Board of Directors of StarTek (SRT) on December 20, 2021, as revised by a letter to the Special Committee on August 8, 2022
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.