|Bid||6.22 x 3000|
|Ask||6.23 x 1100|
|Day's Range||6.20 - 6.27|
|52 Week Range||3.34 - 10.00|
|Beta (5Y Monthly)||0.60|
|PE Ratio (TTM)||6.20|
|Earnings Date||Dec 18, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TAI'AN, China, May 7, 2021 /PRNewswire/ — China Customer Relations Centers, Inc. (Nasdaq: CCRC) (the "Company"), a leading e-commerce and financial services business process outsourcing ("BPO") service provider in China, today announced that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on June 18, 2021 at 9:00 a.m. (Beijing Time), at the Company's office located at 1366 Zhongtianmen Dajie, Xinghuo Science and Technology Park, High-tech Zone, Taian City, Shandong Province, 271000, People's Republic of China, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the "Merger Agreement"), dated March 12, 2021, by and among the Company, Taiying Group Ltd., a business company incorporated in the British Virgin Islands ("Parent") and Taiying International Inc., a business company incorporated in the British Virgin Islands and a wholly-owned subsidiary of Parent ("Merger Sub"), the plan of merger (the "Plan of Merger") and articles of merger required to be filed with the Registrar of Corporate Affairs of the British Virgin Islands for the purposes of the merger, and any and all transactions contemplated thereby, including the Merger (as defined below).
If you want to know who really controls China Customer Relations Centers, Inc. ( NASDAQ:CCRC ), then you'll have to...
Taiying Group Ltd and subsidiary Taiying International Inc inked an agreement to acquire a 71.1% stake in Chinese e-commerce and financial services business process outsourcing (BPO) service provider China Customer Relations Centers Inc (NASDAQ: CCRC) for $6.50 per share. The purchase price signifies a 37.7% premium to the November 27, 2020 closing price of $4.72 representing the last trading day before November 30, 2020, the date when the company announced the "going-private" proposal. This amount also represented an increase of 21% over the $5.37 per share initially offered by the buyer group in their initial "going-private" proposal on November 27, 2020. Taiying Group Ltd would be beneficially owned by a group of rollover shareholders, including CCRC CEO, Chairman and director Zhili Wang, CFO Debao Wang, director and VP Guoan Xu, Qingmao Zhang, Long Lin, Jishan Sun, and certain other shareholders. Taiying Group Ltd had entered into a debt commitment under which China Merchants Bank Co Ltd (OTC: CIHHF) (OTC: CIHKY) has agreed to provide a secured term facility for the merger. Price action: CCRC stock was higher by 11.9% at $6.29 in the pre-market session on the last check Friday. See more from BenzingaClick here for options trades from BenzingaCACI Announces 0M Accelerated Stock BuybackBandwidth Raises 0M Via Convertible Senior Notes In Private Institutional Offering© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.