Core Viewpoint - TTEC Holdings, Inc. is currently reviewing a non-binding acquisition proposal from its founder, Kenneth Tuchman, to buy shares at $6.85 each, with the Special Committee prepared to engage further on this matter [1][2]. Group 1: Proposal Details - The proposal from Kenneth Tuchman aims to acquire shares not already owned by him and his affiliates at a price of $6.85 per share [1]. - The Special Committee has completed its review of the proposal and preliminary valuation analysis, indicating readiness to consider a definitive transaction proposal [2]. Group 2: Current Status and Actions - No action is required from TTEC's non-affiliated stockholders at this time, and there is no guarantee that a definitive agreement will be reached [3]. - The Special Committee does not commit to providing updates on the proposal or transaction unless legally required [3]. Group 3: Company Overview - TTEC Holdings, Inc. is a global leader in customer experience technology and services, focusing on AI-enabled digital solutions [4]. - The company operates through TTEC Digital and TTEC Engage, providing a range of services including omnichannel contact center technology, customer engagement, and fraud prevention [4]. - Founded in 1982, TTEC emphasizes customer experience excellence, achieving high satisfaction scores globally [4].
Update from TTEC Special Committee