Trillium Capital Makes $4.65/Share Bid for Stream Global Services (SGS)

June 1, 2011 11:27 AM EDT
Trillium Capital LLC, has made a $4.65 per share cash proposal to acquire Stream Global Services, Inc. (AMEX: SGS).

The proposal includes assumption or replacement of its $200 million high yield bonds due 2014.

Trillium has direct control of 3.728 million common shares of Stream or approximately 4.6% of Stream’s issued and outstanding common shares and also owns 1000 of its public warrants.

Trillium is represented by its legal advisor Bowditch & Dewey LLP of Boston, MA. Kaufman Bros., L.P. of New York City, NY, is Trillium’s financial advisor on the proposed transaction.


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