« NEC Electronics is considering outsourcing | Main | Indian Embassy in US outssourcing visa processing to local US firm »

Dec19
PeopleSupport declines IPVG bid

BPO service provider PeopleSupport, Inc. has declined an “unwelcome” sort of bid made by IPVG Corp and AO Capital Partners. The actual reason is not know, officially it has been informed from the company media center that after "careful consideration" (now that speaks volume in itself, isn’t it) in consultation with its financial and legal advisors PeopleSupport's board of directors unanimously decided that the unsolicited $15 per share cash proposal to acquire the company was "inadequate and fails to take into account PeopleSupport's strategic value and success in implementing its growth strategy," the company said on its website reports Inquirer.net.peoplesupport-logo-IPVG

While speaking to media PeopleSupport CEO and chairman Lance Rosenzweig said

PeopleSupport recently concluded its strategic planning session, and management and the Board are confident about the company's prospects, which we believe will continue to fuel strong growth. Taking into account the recent initiatives under way at the company, and after a careful and thorough review of the proposal, the Board concluded that the proposal is not in the best interests of PeopleSupport or its shareholders.

To get News, views, analysis, joke, humor, even bitching of outsourcing world Subscribe Here

 


0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« NEC Electronics is considering outsourcing | Main | Indian Embassy in US outssourcing visa processing to local US firm »

Advertise

Related Resources

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

My site was nominated for Best Business Blog!

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



BPOTiger is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb