CTG, Cegeka extend tender offer for outstanding CTG shares

Cegeka Groep and Computer Task Group announced that Chicago Merger Sub, a wholly owned subsidiary of Cegeka, has extended the expiration date of its offer to acquire all of the outstanding shares of common stock of CTG, par value $0.01 per share, for $10.50 per Share, net to the seller in cash, without interest and less any applicable withholding taxes, pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023, by and among Cegeka, CTG, and Merger Sub, The Offer, which is scheduled to expire at one minute after 11:59 P.M., Eastern Time, on November 3, 2023, has been extended until one minute after 11:59 P.M., Eastern Time, on December 12, 2023, unless the Offer is further extended or earlier terminated pursuant to the terms of the Merger Agreement.