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TaskUs Adjourns Meeting for Blackstone Acquisition Vote

Story Highlights
  • TaskUs adjourned a special meeting to gather more proxies for a merger vote.
  • The merger involves acquiring TaskUs shares for $16.50 each, with a new meeting set for September 24, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TaskUs Adjourns Meeting for Blackstone Acquisition Vote

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TaskUs ( (TASK) ) has shared an update.

On September 10, 2025, TaskUs, Inc. adjourned its special stockholders meeting to solicit additional proxies for a proposed acquisition by an affiliate of Blackstone and TaskUs co-founders. The adjournment was necessary as the required Unaffiliated Stockholder Vote had not been obtained. The meeting is rescheduled for September 24, 2025, to secure approval for the merger agreement, which involves acquiring all outstanding Class A common stock for $16.50 per share. The merger is seen as beneficial due to AI’s impact on TaskUs’s business, and the Buyer Group remains committed to the agreed terms.

The most recent analyst rating on (TASK) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on TaskUs stock, see the TASK Stock Forecast page.

Spark’s Take on TASK Stock

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

TaskUs shows strong financial performance with solid revenue growth and improved profitability. Technical indicators suggest a positive trend, although the stock is nearing overbought levels. Valuation is a concern with a high P/E ratio and no dividend yield, indicating potential overvaluation. The overall score reflects these strengths and risks.

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

More about TaskUs

TaskUs, Inc. is a leading provider of outsourced digital services and next-generation customer experience, serving innovative companies across sectors such as social media, e-commerce, gaming, streaming media, food delivery, ride-sharing, technology, financial services, and healthcare. With a cloud-based infrastructure, TaskUs operates globally with approximately 60,400 employees across 30 locations in 13 countries.

Average Trading Volume: 271,985

Technical Sentiment Signal: Buy

Current Market Cap: $1.64B

For a thorough assessment of TASK stock, go to TipRanks’ Stock Analysis page.

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