TTEC shares are trading higher after the company's CEO proposed to take the company private at $6.85 per share.
Portfolio Pulse from Benzinga Newsdesk
TTEC shares rose following the CEO's proposal to take the company private at $6.85 per share.
September 30, 2024 | 1:09 pm
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POSITIVE IMPACT
TTEC shares increased after the CEO proposed a buyout to take the company private at $6.85 per share, indicating a potential acquisition.
The proposal to take TTEC private at a specific price suggests a premium over the current market price, leading to a positive short-term impact on the stock as investors anticipate the buyout.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100