DENVER, Nov. 1, 2024
/PRNewswire/ -- TTEC Holdings, Inc. (NASDAQ: TTEC) ("TTEC" or the
"Company"), a leading global CX (customer experience) technology
and services innovator for AI-enabled CX solutions, announced today
that the previously established Special Committee of TTEC's Board
of Directors has retained Rothschild & Co as its independent
financial advisor, and Skadden, Arps, Slate, Meagher & Flom LLP
as its independent legal advisor, to assist with its review and
evaluation of the previously announced unsolicited, preliminary,
non-binding proposal letter, dated September
27, 2024, from TTEC founder, Chairman and Chief Executive
Officer Kenneth Tuchman, to acquire
the shares of the Company's common stock not already owned by Mr.
Tuchman and his controlled affiliates at a proposed purchase price
of $6.85 per share and any
alternatives.
The Special Committee, in consultation with its financial and
legal advisors, is carefully evaluating and considering Mr.
Tuchman's proposal and has not yet determined whether it is
appropriate to pursue this transaction or other alternatives. No
action is required by TTEC stockholders at this time.
There can be no assurance that any definitive offer will be
received, that any definitive agreement will be executed relating
to the proposal or that this or any other transaction will be
approved or consummated. The Company does not undertake any
obligation to provide any updates with respect to this or any other
transaction, except as required under applicable law.
ABOUT TTEC
TTEC (pronounced T-TEC) Holdings, Inc. (NASDAQ: TTEC) is a
leading global CX (customer experience) technology and services
innovator for AI-enabled digital CX solutions. Serving iconic and
disruptive brands, TTEC's outcome-based solutions span the entire
enterprise, touch every virtual interaction channel, and improve
each step of the customer journey. Leveraging next-gen digital
technology, the Company's TTEC Digital business designs, builds,
and operates omnichannel contact center technology, CRM, AI and
analytics solutions. The Company's TTEC Engage business delivers
AI-enhanced customer engagement, customer acquisition and growth,
tech support, back office, and fraud prevention
services. Founded in 1982, the Company's singular obsession with CX
excellence has earned it leading client, customer, and employee
satisfaction scores across the globe. The Company's employees
operate on six continents and bring technology and humanity
together to deliver happy customers and differentiated business
results. To learn more visit us at https://www.ttec.com.
Corporate Comms
Meredith
Matthews
meredith.matthews@ttec.com
Investor Relations
Paul
Miller
paul.miller@ttec.com
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SOURCE TTEC Holdings