M&A
confidence high
sentiment positive
materiality 0.90
CSG Systems to be acquired by NEC for $80.70 per share in cash
CSG SYSTEMS INTERNATIONAL INC
- All-cash deal valued at $80.70 per share; board unanimously recommends adoption by stockholders.
- CSG must pay NEC $82M termination fee if it accepts a superior proposal or board changes recommendation.
- NEC must pay CSG $135M termination fee if deal blocked by antitrust/foreign investment injunction.
- Deal subject to stockholder approval, HSR, and other antitrust/FDI approvals; expected close by Oct 2026 with possible 3-month extensions.
- CSG shares to be delisted from Nasdaq; surviving entity becomes wholly owned subsidiary of NEC.