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New Deal


Announced

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

Financials

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Transaction Value£691m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

advertising platform

Private

Friendly

United States

Digital Services

Majority

Single Bidder

web advertising

Merger

Failed

Synopsis

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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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