Why LiveRamp Stock Soared Today
Shares of LiveRamp (NYSE: RAMP) surged on Monday after the data collaboration platform agreed to be acquired by French marketing communications giant Publicis Groupe (OTC: PUBGY).
Image source: Getty Images.
Under the terms of the deal, Publicis would buy LiveRamp for $38.50 per share in cash. That's a premium of nearly 30% to its closing stock price on Friday. The agreement values LiveRamp at roughly $2.2 billion.
Source Fool.com
Publicis Groupe S.A. Aktie
82,84 €
-0,43 %
