Nasdaq-listed ICT Group rejects Aegis offer; scrip drops over 20%
Submitted by Sarabjit Heera on Tue, 03/03/2009 - 21:10
The Board of Directors of ICT Group, Inc. has finally decided to reject the Aegis' proposed offer.
In a meeting, held on March 3, 2009 they have determined that it would not be in the best interest of the Company to pursue the transaction proposed by Aegis Limited.
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