PeopleSupport receives $15-per-share offer

By Lisa Kerner

Charlotte, N.C., Nov. 30 - PeopleSupport, Inc. received an unsolicited proposal from IPVG Corp. and AO Capital Partners seeking to acquire the company for $15.00 per share.

The board of directors of PeopleSupport said it will "carefully consider and evaluate" the proposal. In the meantime, the board recommends that all shareholders defer making any decisions about the proposal at this time, according to a company news release.

PeopleSupport is an offshore business process outsourcing provider based in Los Angeles.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.