Perion agrees to acquisition by Affle for $11.70 per share in cash
PERI•Affle agreed to acquire Perion Network for $11.70 per share in cash, a 34.5% premium to Perion's closing share price.
1. Acquisition terms
Affle agreed to acquire Perion Network for $11.70 per share in cash under a definitive merger agreement. The price represents a 34.5% premium to Perion's closing share price.
2. Go-shop period
A 40-day go-shop period permits alternative acquisition proposals until 11:59 p.m. Israel time on December 11, 2026. Citibank is providing debt financing, and the transaction is not subject to a financing condition.
