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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (5785)	1/15/2020 10:24:36 AM
From: richardred	Read Replies (1) \| Respond to of 7254

CTG-Speculation Assurance Global Services came back knocking on the door with a higher offer of 7 dollar in cash. I can't believe the board would accept such an offer. I'm guessing the board comes back with the response. The AGS offer undervalues the company. The very fact CTG board had a Dutch Tender at over 8 a couple of years ago demonstrates the point. There's still questions if AGS is serious and has the funding in place to execute such an offer? IMO a management led buyout could be a possibility for a response? This hypothetical scenario would be a better way to retain and preserve the company's employees & business moving forward. The company recently sold IBM receivables which could help fund this hypothetical scenario. The company also has a good balance sheet. IMO in which to fund a hypothetical management led buyout. CTG's European Business just received some new contracts. Most likely lucrative higher margined contracts. The company seems on coarse for improving fundamentals. There's nothing reported on the IBM contract as of yet. This generated a big portion of CTG business. Raymond James is the company financial advisor. I could be wrong, but I'm just guessing AGS would like to see the company explore strategic alternatives, such as putting the company of for sale, than follow through with the offer?

To: richardred who wrote (5785)	11/6/2020 1:23:08 PM
From: richardred	Read Replies (1) \| Respond to of 7254

CTG- Speculation Older snip >BUFFALO, N.Y., Jan. 14, 2020 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, today confirmed that it has received a new unsolicited proposal from Assurance Global Services LLC (AGS) to acquire the Company for $7.00 per share in cash. CTG keeps delivering on earnings, but very little in stock price appreciation for it. IMO AGS needs to put up the financing to carry through with their previous proposal or shut up. Something fishy seems to be going through with the bigger block trades of late. It will be interesting to see if a 13d gets filed after that 70,000 shares block & 20,000 share block.