TaskUs Holder Think to Vote Against Blackstone Take-Private

Think Investments has come out against a take-private of TaskUs Inc. by Blackstone Inc.and the information services company’s management.

San Francisco-based Think plans to vote against the offer to buy out TaskUs at $16.50 a share in cash, according to presentation viewed by Bloomberg News. The firm said the deal “substantially undervalues” TaskUs and a fairer price would be $25 a share.

“TaskUs has significant value creation potential — and the transaction would prevent minority shareholders from realizing this upside,” Think said in a statement.

Think holds a stake of about 10.7% in TaskUs. It becomes the second investor ...