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Bullboard - Stock Discussion Forum 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... see more

TSX:CTS - Post Discussion

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Post by retiredcf on Feb 03, 2023 3:05pm

More Comments

TOP PICK
Converge Technology Solutions(CTS-T)
03/02/2023
 
IT provider currently going through strategic review process.
Special committee meeting to determine sale of company.
Share price @$6 & sale of company would fetch $9.
Believes company can double in the next few years.
Technology
 
Jordan Zinberg
$5.870
Owned
Comment by AlwaysLong683 on Feb 03, 2023 5:06pm
My guess is if the company is taken out, it should be at a good premium to what will probably be the weighted average share price over the 20 or 30 days prior to the signing of the deal (wouldn't want to venture a guess as to what the takeout price might be). Alternatively, if the committee comes back with a restructuring plan, asset sales, business as usual, etc., whatever the share price is ...more  
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