{"id":832713,"date":"2025-04-01T16:40:42","date_gmt":"2025-04-01T20:40:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/update-from-ttec-special-committee\/"},"modified":"2025-04-01T16:40:42","modified_gmt":"2025-04-01T20:40:42","slug":"update-from-ttec-special-committee","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/update-from-ttec-special-committee\/","title":{"rendered":"Update from TTEC Special Committee"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n DENVER<\/span>
\n <\/span>, April 1, 2025<\/span><\/span> \/PRNewswire\/ — The Special Committee of the Board of Directors (the “Special Committee”) of TTEC Holdings, Inc. (NASDAQ:\u00a0TTEC) (“TTEC” or the “Company”)\u00a0is providing an update on the status of\u00a0its review and evaluation of\u00a0the\u00a0previously announced\u00a0unsolicited, preliminary, non-binding proposal letter, dated September 27, 2024<\/span>, from TTEC founder, Chairman and Chief Executive Officer Kenneth Tuchman<\/span>, to\u00a0acquire the shares of the Company’s common stock not already owned by Mr. Tuchman and his controlled affiliates\u00a0at a proposed purchase price of $6.85<\/span> per share (the “Non-Binding Proposal”).<\/p>\n

\n

\n
\n \"TTEC
\n <\/a>\n <\/p>\n<\/p><\/div>\n

The Special Committee, with\u00a0the assistance\u00a0of Rothschild & Co, its independent financial advisor, and Skadden, Arps, Slate, Meagher and Flom LLP, its independent legal advisor, has completed its review of the Non-Binding Proposal and its preliminary valuation analysis of the Company,\u00a0and\u00a0remains ready\u00a0to consider\u00a0and engage with Mr. Tuchman with respect to\u00a0a definitive transaction proposal.<\/p>\n

At this time, no\u00a0action is required by\u00a0TTEC’s non-affiliated stockholders.\u00a0There can\u00a0also\u00a0be no assurance that any definitive agreement will be executed relating to\u00a0any transaction\u00a0proposal, the timing and conditionality thereof or that\u00a0any\u00a0transaction will be consummated. The Special Committee does not undertake any obligation to provide any updates with respect to\u00a0any proposal or\u00a0transaction, except as required under applicable law.<\/p>\n

\n ABOUT TTEC<\/b>\n <\/p>\n

TTEC (pronounced T-TEC)\u00a0Holdings, Inc.\u00a0(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\u00a0TTEC Digital\u00a0business designs, builds, and operates omnichannel contact center technology, CRM, AI and analytics solutions. The Company’s TTEC Engage business delivers AI-enabled customer engagement, customer acquisition and growth, tech support, back office, and\u00a0fraud<\/span> prevention\u00a0services. 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\u00a0https:\/\/www.ttec.com<\/a>.<\/p>\n

\n Corporate Comms:
<\/b>
\n Meredith Matthews<\/span>
\n
\n meredith.matthews@ttec.com<\/a>\n <\/p>\n

\n Investor Relations:
<\/b>
\n Robert Belknapp<\/span>
\n
\n investor.relations@ttec.com<\/a>\n <\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/update-from-ttec-special-committee-302417455.html<\/a><\/p>\n

SOURCE TTEC Holdings<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire DENVER , April 1, 2025 \/PRNewswire\/ — The Special Committee of the Board of Directors (the “Special Committee”) of TTEC Holdings, Inc. (NASDAQ:\u00a0TTEC) (“TTEC” or the “Company”)\u00a0is providing an update on the status of\u00a0its review and evaluation of\u00a0the\u00a0previously announced\u00a0unsolicited, preliminary, non-binding proposal letter, dated September 27, 2024, from TTEC founder, Chairman and Chief Executive Officer Kenneth Tuchman, to\u00a0acquire the shares of the Company’s common stock not already owned by Mr. Tuchman and his controlled affiliates\u00a0at a proposed purchase price of $6.85 per share (the “Non-Binding Proposal”). The Special Committee, with\u00a0the assistance\u00a0of Rothschild & Co, its independent financial advisor, and Skadden, Arps, Slate, Meagher and Flom LLP, its independent legal advisor, has completed its review of the Non-Binding Proposal … <\/p>\n

Continue reading “Update from TTEC Special Committee”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-832713","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nUpdate from TTEC Special Committee - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/update-from-ttec-special-committee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Update from TTEC Special Committee - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DENVER , April 1, 2025 \/PRNewswire\/ — The Special Committee of the Board of Directors (the “Special Committee”) of TTEC Holdings, Inc. (NASDAQ:\u00a0TTEC) (“TTEC” or the “Company”)\u00a0is providing an update on the status of\u00a0its review and evaluation of\u00a0the\u00a0previously announced\u00a0unsolicited, preliminary, non-binding proposal letter, dated September 27, 2024, from TTEC founder, Chairman and Chief Executive Officer Kenneth Tuchman, to\u00a0acquire the shares of the Company’s common stock not already owned by Mr. Tuchman and his controlled affiliates\u00a0at a proposed purchase price of $6.85 per share (the “Non-Binding Proposal”). The Special Committee, with\u00a0the assistance\u00a0of Rothschild & Co, its independent financial advisor, and Skadden, Arps, Slate, Meagher and Flom LLP, its independent legal advisor, has completed its review of the Non-Binding Proposal … Continue reading "Update from TTEC Special Committee"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/update-from-ttec-special-committee\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-01T20:40:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2519106\/TTEC_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-from-ttec-special-committee\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-from-ttec-special-committee\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Update from TTEC Special Committee\",\"datePublished\":\"2025-04-01T20:40:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-from-ttec-special-committee\\\/\"},\"wordCount\":398,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-from-ttec-special-committee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2519106\\\/TTEC_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-from-ttec-special-committee\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-from-ttec-special-committee\\\/\",\"name\":\"Update from TTEC Special Committee - 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