Aegis Limited Offers To Acquire ICT Group (ICTG) for $8/Share
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Aegis Limited, an Essar Group company and a leading global business process outsourcing (BPO) provider, made a proposal to the Board of Directors of ICT Group, Inc. (Nasdaq: ICTG) to acquire all of the outstanding shares of ICTG common stock for $8.00 per share in cash.
This offer represents a premium of approximately 71 percent over the thirty (30) day average closing price of ICTG shares and approximately 122 percent premium above the closing price as of February 27, 2009 of ICTG shares.
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