CTPartners Confirms Receipt of Unsolicited Proposal from DHR International

CTPartners Confirms Receipt of Unsolicited Proposal from DHR International

PR Newswire

NEW YORK, Feb. 6, 2015 /PRNewswire/ — CTPartners Executive Search Inc. (the “Company”) (NYSE MKT: CTP) today confirmed reports that it has received an unsolicited, non-binding proposal from DHR International to acquire all of the outstanding shares of the Company for $7.00 per share. Consistent with its fiduciary duties and in consultation with financial and legal advisors, the Company’s Board of Directors will carefully review and consider the offer, together with any other proposals it may receive and any other alternatives available to the Company to determine the course of action that it believes is in the best interests of the Company and its shareholders.

The Company does not intend to disclose developments regarding these matters unless and until its Board determines there is a material need to update the market.

About CTPartners Executive Search Inc.

CTPartners is a global executive search firm that is designed to deliver in-depth expertise, creative strategies, and outstanding results to clients worldwide. From its 44 offices in 24 countries, CTPartners serves clients with a global organization of more than 500 professionals and employees, offering expertise in board advisory services, key leadership functions, and executive recruiting services in the financial services, life sciences, industrial, professional services, retail and consumer, and technology, media and telecom industries.

Safe Harbor Statement

The following is a Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release includes forward-looking statements. As a general matter, forward-looking statements reflect our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. These statements may be identified by the use of forward looking terminology such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of those words or other comparable words, but the absence of these words does not necessarily mean that a statement is not forward-looking. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for the disclosure of forward-looking statements.

The forward looking statements included in this press release are made only as of the date hereof. We do not undertake any obligation to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. You should, however, review the factors and risks we describe in the reports we will file from time to time with the Securities and Exchange Commission.

Press Inquiries:
Derek Creevey
CTPartners
1-212-209-5708
dcreevey@ctnet.com

Investor Relations:
Jennifer Silver, 1-877-439-9229
CTPartners
1 International Place
32nd Floor
Boston, MA 02110
IR@Ctnet.com

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SOURCE CTPartners

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