Computer Task Group And Cegeka Groep NV Announced Extension Of Tender Offer To Acquire All Outstanding Shares Of Computer Task Group
Portfolio Pulse from Benzinga Newsdesk
Computer Task Group (CTG) and Cegeka Groep NV have announced an extension of their tender offer to acquire all outstanding shares of CTG. The extension is aimed at allowing more time for shareholders to tender their shares.
October 12, 2023 | 11:00 am
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NEUTRAL IMPACT
The extension of the tender offer by CTG and Cegeka Groep NV could potentially lead to an increase in the number of shares tendered, which could impact the stock price of CTG.
The extension of the tender offer could lead to more shareholders deciding to tender their shares, which could potentially impact the stock price of CTG. However, the exact impact on the stock price will depend on the number of shares tendered and the market's reaction to the extension.
CONFIDENCE 80
IMPORTANCE 75
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