LiveRamp completes merger at $38.50 per share
RAMP•LiveRamp Holdings completed a merger converting eligible common shares into the right to receive $38.50 per share in cash, while outstanding options and restricted stock awards converted into cash awards.
1. Merger terms
LiveRamp Holdings completed the merger, converting eligible outstanding common shares into the right to receive $38.50 per share in cash, without interest. Outstanding options and restricted stock awards became restricted cash awards valued based on the $38.50 per-share amount. The awards retain their existing terms, with full vesting after certain qualifying employment terminations within 24 months of the merger’s effective time.
