Ciber Carefully Evaluates $0.75/ Share Offer From Ameri Holdings - Quick Facts

(RTTNews) - Ciber, Inc. (CBR), an IT consulting, services and outsourcing company, confirmed Tuesday that it has received a preliminary, non-binding letter of interest for a takeover from Ameri Holdings, Inc. (AMRH) for a mix of preferred securities and cash consideration. Ameri Holdings values the deal at $0.75 per share of Ciber common stock.

Ciber said its Board of Directors is carefully reviewing and considering Ameri Holdings' offer to determine the course of action that the Board believes is in the best interest of the Company and all Ciber stockholders.

Ciber asked its stockholders not to take any action at this time.

Houlihan Lokey, Inc. is acting as financial advisor to the Company, and Vinson & Elkins L.L.P. is acting as legal advisor.