IS - IronSource pushes back shareholder vote on Unity sale to Oct. 7 from Oct. 3

September, 08 2022 09:29 AM ironSource Ltd. Class A

IronSource ( NYSE: IS ) pushed back a date for its shareholder vote for its planned sale to Unity Software ( NYSE: U ) to Oct. 7 from Oct. 3.
The Sept. 2 record date for the vote remains unchanged, according a 6-K filing.
The delayed vote date comes as AppLovin ( NASDAQ: APP ) last month attempted to break up the ironSource/Unity deal by making a rival offer for Unity, which Unity has since rejected. IronSource ( IS ) disclosed in an amended S-4 filing last month that Unity ( U ) had won HSR antitrust approval for the deal and that Israel has also cleared the transaction.
The filing last month also revealed that AppLovin ( APP ) was the only company that had some discussions with Unity ( U ) about a possible deal and it revealed that as late as Aug. 21 AppLovin's ( APP ) advisers were inquiring if Unity ( U ) may be amenable to a revised takeover bid.

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