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Affle To Acquire Perion Network In $420 Mln All-Cash Deal
Source: Nasdaq
M&A & RestructuringTechnology & Innovation
Affle 3iL Ltd., a subsidiary of Affle International Pte. Ltd., agreed to acquire digital advertising technology company Perion Network Ltd. in an all-cash transaction valued at approximately $420 million. The stated terms would make Perion a wholly owned subsidiary; the article excerpt provides no premium, financing details, or market reaction.
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