BOSTON, MA. - December 14, 2009 - Stream Global Services, Inc.
(NYSE AMEX: SGS), a premium business process outsource (BPO)
service provider specializing in customer relationship management
services for Fortune 1000 companies, announced today the final
results of its tender offer to purchase up to 17,500,000 of its
publicly held warrants (NYSE AMEX:SGS.WS), that are each
exercisable to purchase one share of its common stock, at a
purchase price of $0.50 per warrant., which expired at 5:00 p.m.,
New York City time, on December 14, 2009.
Based on the final count by the depositary for the tender offer,
a total of 9,956,689 warrants were properly tendered and not
withdrawn at the purchase price of $0.50 per warrant. Stream
accepted for purchase all of these warrants for an aggregate
purchase price of $4,978,344.50, excluding fees and expenses
related to the tender offer.
Payment for the shares accepted for purchase under the tender offer
will be made promptly, in cash, by the depositary. Following
completion of the tender offer, Stream has approximately 10,008,526
warrants outstanding.
Warrant holders and investors who have questions or need
information about the tender offer may contact the information
agent, Innisfree M&A Incorporated at (888) 750-5834. In
connection with this offer, Continental Stock Transfer & Trust
Company served as depositary.
Additional Information. This press release is neither an offer
to purchase nor a solicitation of an offer to sell securities.
Contact Information:
Nancy Finn
Global Marketing Communications
nancy.finn@stream.com
781-304-1846 About Stream Global Services
Stream Global Services is a premium business process outsource (BPO) service provider specializing
in customer relationship management including sales, customer care and technical support for Fortune
1000 companies. Stream is a trusted partner to some of the world's leading technology, computing,
telecommunications, retail, entertainment/media, and financial services companies. Our service programs
are delivered through a set of standardized best practices and sophisticated technologies by a highly
skilled workforce of approximately 30,000 employees based out of 50 solution centers in 22 countries
supporting more than 35 languages. Stream continues to expand its global presence and service offerings
to increase revenue, improve operational efficiencies and drive brand loyalty for its clients. To learn
more about the company and its complete service offering, please visit www.stream.com.
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