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Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.1700.0%Dec 1 12:00 AM EST

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To: richardred who wrote (4362)6/18/2021 8:38:07 AM
From: richardred   of 6101
 
2017 SITT pick SYKE gets an offer today.

Message #4362 from richardred at 1/27/2017 1:42:12 AM

I am. It's on this years SITT list. You don't hear this company mentioned to often as a TO. I'll say it's an under the radar company. It's also kind of an under performer to it's pear group. However cash flow & a nice balance sheet was what attracted me. I believe a family member is still the CEO. The board only owning around 8% makes for a scale able hypothetical acquisition IMO. News will be out tomorrow. So the stock could be impacted positively or negatively. If the ROE was a little higher. The company almost makes me think this could be a Buffett Style acquisition target.

P.S. Message 30881226


Sykes to be taken private by Sitel Group in $2.2 bln deal
Sykes to be taken private by Sitel Group in $2.2 bln deal | Nasdaq
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