Virtusa Affirms Maximum and Certain Value Created by BPEA Transaction

SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--Virtusa Corporation (NASDAQ GS: VRTU) (the “Company”), a leading IT services provider that enables the digital transformation of Global 2000 enterprises by imagining, building and implementing the end-to-end technology solutions that are essential to compete in a digital-first world, today mailed a letter to shareholders related to the transaction with Baring Private Equity Asia (BPEA) announced on September 10, 2020. The letter reiterates that the BPEA transaction delivers maximum and certain value to shareholders. It also highlights the needless potential distraction and delay to realizing this value that could arise if shareholders fail to re-elect the Company’s two highly qualified directors candidates – Al-Noor Ramji and Joseph Doody – at the Company’s 2020 Annual Meeting of Stockholders. The full text of the letter follows.