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Breaking: Startek Becomes Takeover Target; Halliburton's Earnings Preview

  • July 18th, 2023
  • 317 views

According to a regulatory filing with the SEC, CSP EAF II GP Limited, an entity affiliated with CSP Fund II LP (CSP EAF), submitted today an offer letter to Startek, Inc.'s (NYSE: SRT) board of directors proposing to acquire all outstanding shares of the company's common stock not already owned by CSP EAF at $3.80 per share in cash.

$SRT was trading at $3.4 in after-hours, up +0.54 (+18.88%).

In other news, Halliburton Company (NYSE: HAL) is set to announce its second quarter 2023 financial results on Wednesday, July 19, before the market opens. The consensus EPS expectation is $0.75 on revenue of $5.86 billion.

On Tuesday, $HAL closed at $38.11, showing a gain of $0.75 (+2.01%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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