TaskUs Special Stockholder Meeting Adjourned Due to Insufficient Votes for Take-Private Transaction

TASK
September 18, 2025
TaskUs, Inc. convened and subsequently adjourned its special meeting of stockholders, originally scheduled for September 10, 2025. The adjournment was necessary to solicit additional proxies in favor of the company’s acquisition by an affiliate of Blackstone and its co-founders. A preliminary assessment of votes indicated that the Unaffiliated Stockholder Vote, required for the merger agreement's approval, had not been obtained as of September 10, 2025. This suggests significant shareholder opposition to the proposed $16.50 per share take-private deal. The special meeting has been adjourned to September 24, 2025, to allow more time for proxy solicitation. The Buyer Group has stated its commitment to the previously agreed price and terms, refusing to revise the transaction terms, which further complicates the deal's path to completion. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.