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home / news releases / IS - IronSource plunges 20% after AppLovin offers to buy Unity Software

IS - IronSource plunges 20% after AppLovin offers to buy Unity Software

August, 09 2022 08:51 AM ironSource Ltd. Class A

IronSource ( NYSE: IS ) plunged 20% in premarket trading after AppLovin ( NASDAQ: APP ) offered to buy Unity Software ( NYSE: U ) in all stock deal.
Under the proposal, Unity( U ) would have to terminate its agreement to purchase ironSource, according to the AppLovin press release.
Unity ( U ) agreed to buy ironSource for $4.4 billion i n a stock deal last month.
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IronSource plunges 20% after AppLovin offers to buy Unity Software

Stock Information

Company Name:	ironSource Ltd. Class A
Stock Symbol:	IS
Market:	NYSE

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