RUBI - Rubicon Project and Telaria Report Preliminary Results as Merger Nears
The Rubicon Project (NYSE: RUBI) and Telaria (NYSE: TLRA) filed a joint proxy statement/prospectus on Thursday, detailing the two ad tech companies' merger agreement in order to inform shareholders ahead of an opportunity for them to vote on the deal. This follows news earlier this month that the U.S. Federal Trade Commission granted Rubicon and Telaria early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, increasing the likelihood that the deal will close in a timely fashion.
Alongside the filing of this prospectus, Rubicon and Telaria released preliminary results for the fourth quarter, giving investors more up-to-date insight into what the combined company will look like.
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