Earlier this morning, Assurance Global Services (AGS) filed a 13-D/A that included a letter to the Board of Directors in which AGS presented a revised non-binding proposal to acquire CTG, Inc. (CTG) for $7.00 per share in cash. The proposed acquisition price represents a 33% premium to the prior day’s close and values CTG at approximately 9.1x and 7.5x our FY ’19 and FY ’20 adjusted EBITDA estimates, respectively.

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