Startek Announces Completion of Take-Private Acquisition by Funds Managed by CSP Management Limited
StarTek, Inc. (SRT)
Last startek, inc. earnings: 3/12 04:05 pm
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US:NYSE Investor Relations:
investor.startek.com
Company Research
Source: PR Newswire
DENVER, Jan. 5, 2024 /PRNewswire/ -- Startek, Inc. (NYSE: SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, today announced the successful completion of its take-private acquisition by funds managed by Capital Square Partners ("CSP"), effective today, January 5, 2024.Under the terms of the definitive agreement for the transaction that was previously announced on October 10, 2023, CSP will acquire all shares of Startek common stock not already owned by CSP, for $4.30 per share in cash.With the completion of the take-private acquisition, Startek's common stock ceased trading before market open on January 5, 2024 and will no longer be listed on the New York Stock Exchange.AdvisorsHoulihan Lokey Capital, Inc. served as financial advisor to the Special Committee of the Board of Directors of Startek, and Gibson, Dunn & Crutcher LLP served as its legal counsel. Latham & Watkins LLP served as legal counsel to CSP.About Startek®For more than 35 years, Sta
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