CTG Comments on Open Letter From Assurance Global Services
Computer Task Group, Incorporated (CTG)
Last computer task group, incorporated earnings: 10/22 06:55 am
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Source: GlobeNewswire
CTG Board Previously Reviewed and Unanimously Rejected UnsolicitedProposal Submitted by Assurance Global Services Board Determined Conditional Proposal Significantly Undervalues the Company and Does Not Reflect Meaningful Transformational Efforts Underway Advises Shareholders to Take No Action at This Time BUFFALO, N.Y., Aug. 29, 2019 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, today issued the following statement in response to an open letter sent by Assurance Global Services (AGS) to the Board of Directors of CTG: CTG values constructive input from its shareholders toward the shared goal of enhancing value. While it is the Company’s policy not to comment on interactions with specific shareholders, it is important to note that members of CTG’s senior management team have held several discussions with AGS over the past several months to better understand their views. CTG is
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