TTEC's Special Committee Weighs Tuchman's $6.85 Buyout Bid
2025-04-02 08:21:08 ET
DENVER, Colo., Apr 02, 2025 ( 247marketnews.com )- TTEC Holdings (NASDAQ:TTEC) Special Committee dropped an update on its deep dive into the September 27, 2024, non-binding proposal from founder, Chairman, and CEO Kenneth Tuchman to snap up all TTEC shares that he doesn’t already own, roughly 40% of the pie, for $6.85 each.
Armed with Rothschild & Co’s financial knowhow and Skadden Arps’ legal muscle, the Special Committee’s wrapped its review of Tuchman’s pitch and crunched a preliminary valuation. They’re primed to spar with Tuchman on a firm deal—think buyout or bust—but they’re leaving the door ajar for talks.
TTEC’s no small fry; founded in 1982, it’s a $2.5 billion CX juggernaut, weaving AI-driven customer experience magic for big brands across six continents.
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TTEC’s Special Committee Weighs Tuchman’s $6.85 Buyout Bid
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