Leon's avatar
$17.7m follower assets
Tremor Int. acquires Amobee
$TRMR entered into agreement to acquire Amobee, a leading global advertising company for $239 million through a combination of existing cash and a new $100 million debt facility).

Amobee generated $150 million contribution ex-tac and $-22 million adj. EBITDA.

image
Modern Growth Investing's avatar
This market is going to see tremendous consolidation, if they don't, they will die.

Writing is on the wall.

Author

Related