TechTeam Global

30 Aug 2010 - TechTeam Global Announces That Adjournment Will Be Sole Matter Considered at Special Meeting of Stockholders on August 31, 2010

SOUTHFIELD, Mich., Aug. 30 /PRNewswire-FirstCall/ -- TechTeam Global, Inc. (Nasdaq: TEAM), a worldwide provider of information technology outsourcing and business process outsourcing services, today announced that the sole matter for consideration by stockholders at the special meeting of stockholders being held tomorrow, August 31, 2010, will be to approve a proposal to adjourn the special meeting to a later date. As previously disclosed in TechTeam Global's proxy statement dated July 30, 2010, the special meeting has been called to vote on the proposed sale of TechTeam Global's government solutions subsidiary, TechTeam Government Solutions, Inc., to Jacobs Engineering Group Inc. (NYSE: JEC) for $59 million in cash, subject to certain escrows and adjustments set forth in the definitive acquisition agreement. READ MORE

25 Aug 2010 - Glass Lewis Recommends That TechTeam Global Stockholders Vote 'FOR' Proposed Sale of Government Solutions Subsidiary to Jacobs Engineering Group Inc.

All Three Leading Proxy Advisory Firms Now Recommend That Stockholders Vote For Transaction

SOUTHFIELD, Mich., Aug. 25 /PRNewswire-FirstCall/ -- TechTeam Global, Inc. (Nasdaq: TEAM), a worldwide provider of information technology outsourcing and business process outsourcing services, today announced that Glass, Lewis & Co. LLC, a leading independent proxy advisory firm to the global financial community, has issued a recommendation to its clients that TechTeam Global stockholders vote "FOR" the proposed sale of its government solutions subsidiary, TechTeam Government Solutions, Inc., to Jacobs Engineering Group Inc. for total consideration of $59.0 million in cash, subject to certain escrows and adjustments set forth in the definitive stock purchase agreement, and "FOR" the proposal to adjourn the special meeting of stockholders of TechTeam Global, if necessary, to facilitate the approval of the proposed stock sale, including to permit the solicitation of additional proxies if there are not sufficient votes at the time of the special meeting to approve such proposed stock sale. READ MORE

18 Aug 2010 - ISS/RiskMetrics Group Recommends TechTeam Global Stockholders Vote 'FOR' Proposed Sale of Government Solutions Subsidiary to Jacobs Engineering Group Inc.

SOUTHFIELD, Mich., Aug. 18 /PRNewswire-FirstCall/ -- TechTeam Global, Inc. (Nasdaq: TEAM), a worldwide provider of information technology outsourcing and business process outsourcing services, today announced that ISS Proxy Advisory Services/RiskMetrics Group (ISS), a leading independent proxy advisory firm, has recommended that TechTeam Global stockholders vote "FOR" the proposed sale of its government solutions subsidiary, TechTeam Government Solutions, Inc., to Jacobs Engineering Group Inc. for total consideration of $59.0 million in cash, subject to certain escrows and adjustments set forth in the definitive stock purchase agreement, and "FOR" the proposal to adjourn the special meeting of stockholders of TechTeam Global, if necessary, to facilitate the approval of the proposed stock sale, including to permit the solicitation of additional proxies if there are not sufficient votes at the time of the special meeting to approve such proposed stock sale. READ MORE