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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Comment by AlwaysLong683on Feb 11, 2023 12:42pm
232 Views
Post# 35281469

RE:A Similar Viewpoint

RE:A Similar ViewpointIn my view, if there is no takeout and the Committee recommends business as usual, things boil down to the following:

1) How will the market react to the news that there is no takeout in terms of where the share price settles at post-announcement? (I suspect most shareholders who were banking on a takeout would sell)

2) Wonder if there was in fact a firm takeout offer for $8 or more per share that the Committee rejected, or if no such offers at $8 or higher were received.....?

3) How long (if ever) it will take for CTS's share price to rise to the $8 to $9 range....?



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