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Sykes Enterprises Inc (SYKE)

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Market Currents

  • Tuesday, October 6, 2009

  • 09:12 AM Sykes Enterprises (SYKE) to acquire ICT Group (ICTG), a provider of customer management and BPO services, for $263M in cash and shares, a 46% premium to Monday's close (PR). The move comes amid a wave of consolidation in the IT services sector. ICTG +52% premarket to $16. Comment!