New filings by the companies on Thursday indicated that support for the $180 million merger bid from Cegeka Groep has dropped significantly over the past three weeks.
Under an agreement announced Wednesday, Cegeka Groep will acquire Computer Task Group for $10.50 per share in an all-cash transaction, representing a deal value of about $170 million.
Operator: Good morning, and welcome to the CTG First Quarter Fiscal Year 2023 Financial Results Conference Call. All participants will be listen-only mode.