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Announced

Taboola and Outbrain terminated their deal to merge into a $2bn group.

Synopsis

Taboola and Outbrain, two digital advertising platforms, terminated their deal to merge into a $2bn group. Under the terms of the merger agreement, Outbrain shareholders would receive shares representing 30% of the combined company plus $250m of cash. The deal was abandoned due to a UK antitrust review process.

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