Tuesday, May 16, 2006

NCO Group going private

NCO Group (NCOG) has received a $27.5/share cash offer from its CEO to take the company private. This is a 38% premium to my average cost of $19.9/share. I got all my NCOG shares when NCO acquired RMH Teleservices in a stock-swap in 2004, as mentioned in one of my earliest posts. The board has yet to decide on the offer, but I expect this to be accepted, since it is an extremely generous bid.


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