StarTek (SRT) received proposal to go private at $5.40 per share

  • December 26, 2021


StockStarTek, Inc.SymbolSRT
Date Announced12/23/2021Source Press Release
TypeUnsolicited BidAcquiring 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

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