$APP makes an offer to buy $U (Unity software) in a $17.54B all-stock deal or $58.85/share, in order to derail Unity's announced plan to acquire AppLovin's smaller competitor ironSource for $4.4B

Unity will own 55% of the combined company's outstanding shares, representing about 49% of the voting rights.

Unity's software has been used to build some of the most-played games such as "Call of Duty: Mobile," and "Pokemon Go", while AppLovin provides helps developers to grow and monetize their apps.

Wedbush Securities: "The proposed price for Unity appears well below its intrinsic value, and we would expect Unity to reject it for that reason. We think interference with the ironSource acquisition is problematic and will cause Unity’s board to tread very carefully before agreeing to a sale outright."

$U is 13.3% of your portfolios