PeopleSupport FOR SALE?!

[LytSlpr]

---

IPVG drops $17/share bid for PeopleSupport.
Philippine Daily Inquirer
First Posted 06:43am (Mla time) 02/09/2008


MANILA, Philippines -- Publicly listed technology firm IPVG Corp. has withdrawn its bid to acquire Nasdaq-listed contact center PeopleSupport Inc.

“We believe the terms and conditions we have proposed in previous communications are reasonable and critical to moving discussions forward,” IPVG said in a disclosure to the Philippine Stock Exchange. “Given that the board of (PeopleSupport) is not agreeable to the acceptance of such terms and conditions, we hereby withdraw our offer.”

Before the end of December, IPVG offered to buy PeopleSupport at $15 a share, or $355.5 million. It was turned down.

IPVG later offered $17 a share, a 35-percent premium over PeopleSupport’s closing price on Feb. 5, 2008. The offer, totaling about $403 million, was also turned down. Edited by INQUIRER.net

[radiostar]

patay mga taga ps ani

[LytSlpr]

patay mga taga ps ani

the sale wasn't closed yet but it is for sale nonetheless. could this affect job stability? hmmn...

[ursoman]

ngano man? na unsa d ay ang ps?

[cYbOrG]

ive heard hostile man to kay unsolicited offer man tong sa IPVG...meaning dli takilid ang ps, theyre just strategic for IPVG's interest(or they are profitable mao nahan paliton, kay ngano paliton ug takilid pa..hehehh)

as to job security/stability, usual affected inani kay management level man ata...(though wala pako ka try )

[LytSlpr]

ive heard hostile man to kay unsolicited offer man tong sa IPVG...meaning dli takilid ang ps, theyre just strategic for IPVG's interest(or they are profitable mao nahan paliton, kay ngano paliton ug takilid pa..hehehh)

as to job security/stability, usual affected inani kay management level man ata...(though wala pako ka try )

would it reach the papers if it was unsolicited? it would also be impossible if there were no "feelers" right?

[chitgoks]

adto siguro ni sila sa e-telecare sunod

[d`monyita]

i remember watching the prexy of IPVG on tv and i believe he mentioned negotiations... if ayaw pabenta...baket meron "negotiations"?

[CaneArn]

Yes...these are one of the tools in a hostile takeover but nevertheless the company's financial health should be examined too

[LytSlpr]

i remember watching the prexy of IPVG on tv and i believe he mentioned negotiations... if ayaw pabenta...baket meron "negotiations"?

my point exactly, these BSD's are just playing the cat and mouse game.