ISS urges LivePerson shareholders to back SoundHound deal at Aug. 20 vote
LPSN•ISS and Glass Lewis back the SoundHound transaction
- ISS urged shareholders to vote for the proposed stock deal with SoundHound AI ahead of the Aug. 20 special meeting.
- Glass Lewis also backed the transaction, adding pressure on investors to support the merger proposals.
- ISS cited a thorough sale process, strategic rationale, stock consideration, no public opposition, delisting risk, heavy debt, and bankruptcy warnings.
- The merger needs majority support of all outstanding shares; abstentions count as votes against.
