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TaskUs Shareholders Interesting In Pursuing Potential Claims Should Contact Shareholder Rights Firm Regarding Proposed Buyout
TaskUsTaskUs(US:TASK) Prnewswireยท2025-05-12 11:56

Core Insights - TaskUs, Inc. is being proposed for a buyout by its three largest shareholders, including Blackstone and co-founders Bryce Maddock and Jaspar Weir, at a price of $16.50 per share, which is below the average Wall Street target of $18.50 per share [3][2] - Julie & Holleman LLP is investigating the buyout for potential legal claims due to concerns over the fairness of the deal and conflicts of interest, as key insiders will remain with the company while public shareholders are being cashed out [4][1] Company Overview - TaskUs is recognized as a leading provider of outsourced digital services and next-generation customer experience for innovative companies [2] - The company has a positive outlook, with Wall Street analysts setting a one-year stock price target average of $18.50 per share, and a high target of $22 per share [2] Buyout Details - The buyout announcement was made on May 9, 2025, and the buyer group already holds a majority of the voting power in TaskUs [3] - The buyout price of $16.50 per share is significantly lower than the company's perceived true value, raising concerns among shareholders [4]