StockNews.AI
TTEC
StockNews.AI
18 days

TTEC Provides Update on Potential Take Private Transaction

1. TTEC's CEO Kenneth Tuchman withdrew an acquisition proposal due to market conditions. 2. The Board supports TTEC's growth as a public company in AI-enabled CX solutions. 3. Earnings results for Q2 2025 will be announced on August 7, 2025. 4. TTEC continues to focus on improving customer experience and satisfaction globally.

5m saved
Insight
Article

FAQ

Why Bullish?

TTEC’s ongoing commitment to customer experience and withdrawal of acquisition uncertainty supports investor confidence.

How important is it?

The announcement on the acquisition's withdrawal and focus on growth draws attention to TTEC's stability.

Why Short Term?

Upcoming earnings announcement could significantly influence TTEC's stock price in the near term.

Related Companies

CRMIBMACN
, /PRNewswire/ -- TTEC Holdings, Inc. (NASDAQ:TTEC), a leading global CX (customer experience) technology and services innovator for AI-enabled CX solutions, announced today that July 31, 2025, the Board of Directors (the "Board") of TTEC Holdings, Inc. ("TTEC" or the "Company") received a letter from TTEC founder, Chairman and Chief Executive Officer, Kenneth Tuchman advising the Board that due to market conditions Mr. Tuchman has determined not to pursue his previously announced unsolicited, preliminary non-binding proposal of September 27, 2024 to acquire the outstanding shares of the Company that he and his controlled affiliates do not already own. The Board of Directors has full confidence that TTEC, led by Mr. Tuchman and TTEC's executive leadership team, will continue to thrive, as a public company, in its mission to support clients in the increasingly complex CX ecosystem. As previously reported, TTEC will release its earnings results for Q2 2025 after the market closes on Thursday, August 7, 2025. The company will then host a live webcast and conference call at 8:30 a.m. ET on Friday, August 8, 2025. ABOUT TTECTTEC (pronounced T-TEC) Holdings, Inc. (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 TTEC Digital business 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 fraud prevention services. 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 https://www.ttec.com. SOURCE TTEC Holdings, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News