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CSG Shareholders Approve Merger to Become NEC Subsidiary

Story Highlights
  • CSG stockholders approved the NEC merger, making CSG a wholly owned subsidiary.
  • The merger gained strong shareholder support and is expected to close during 2026, pending conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CSG Shareholders Approve Merger to Become NEC Subsidiary

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The latest announcement is out from CSG Systems International ( (CSGS) ).

On January 30, 2026, CSG Systems International, Inc. held a special meeting of stockholders at which a quorum of 23,588,332 shares of common stock was present or represented by proxy, out of 28,520,509 shares outstanding as of the December 10, 2025 record date. Stockholders overwhelmingly approved the Agreement and Plan of Merger with Japan’s NEC Corporation and its wholly owned subsidiary, Canvas Transaction Company, Inc., under which Canvas will merge with and into CSG, and CSG will survive as a wholly owned subsidiary of NEC, while also giving non-binding advisory approval to the merger-related compensation for CSG’s named executive officers. The adjournment proposal was not needed because the merger agreement received sufficient support, and, assuming all remaining customary closing conditions and regulatory approvals are satisfied on time, the companies expect to close the transaction within the 2026 calendar year, marking a significant step toward CSG’s transition into NEC’s corporate structure and potentially altering its future strategic direction and governance for existing stakeholders.

The most recent analyst rating on (CSGS) stock is a Buy with a $91.00 price target. To see the full list of analyst forecasts on CSG Systems International stock, see the CSGS Stock Forecast page.

Spark’s Take on CSGS Stock

According to Spark, TipRanks’ AI Analyst, CSGS is a Outperform.

The score is driven primarily by strong financial momentum (rapid revenue growth, healthy margins, and good cash conversion) offset by meaningful leverage risk. Technicals add support with an established uptrend and positive momentum indicators, while valuation is a mild headwind due to a higher P/E despite a modest dividend. Corporate events are a positive contributor given continued progress toward the NEC acquisition.

To see Spark’s full report on CSGS stock, click here.

More about CSG Systems International

CSG Systems International, Inc. is a Delaware-based company whose common stock is publicly traded and held by a broad base of stockholders, who participate in corporate actions such as special meetings to vote on major strategic transactions, including mergers.

Average Trading Volume: 505,890

Technical Sentiment Signal: Buy

Current Market Cap: $2.28B

See more insights into CSGS stock on TipRanks’ Stock Analysis page.

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