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Rival Seeks Big PeopleSupport Stake
Updated from 11:10 a.m. EST
IPVG says it has made a $15-a-share offer for a majority stake in rival PeopleSupport (PSPT Quote).
IPVG, a Makati City, Philippines-based call center operator, has enlisted AO Capital Partners as its financial partner and adviser in a bid for rival PeopleSupport, the company said in an announcement on its Web site.
"This bid is part of our plan to be one of the top five business process outsourcers in the Philippines," IPVG CEO Enrique Gonzales said in an interview with TheStreet.com Friday. ...
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