Special Committee of Startek Updates Stockholders on Status of Preliminary Non-Binding Proposal by CSP

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Aug 09, 2022

The Special Committee of the Board of Directors of Startek, Inc. (NYSE: SRT) announced today that it has received a non-binding proposal, dated August 8, 2022, from CSP Management Limited and certain of its affiliates (collectively, CSP) to acquire all the shares of Startek that CSP does not already own for $4.65 per share in cash. CSP is currently the beneficial owner of approximately 56% of the outstanding shares of Startek.