Blackstone-led buyout group makes lower bid for Pactera

Sept 13 Fri Sep 13, 2013 8:26am EDT

Sept 13 (Reuters) - China's largest technology outsourcing company, Pactera Technology International Ltd, said it received a lower offer to be taken private by Blackstone Group LP and the company's management.

The offer of $7 per American depository share (ADS), worth about $600 million, has been reduced from $7.50 proposed in May.

Pactera said it was evaluating the offer.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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