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Magnite (MGNI -2.2%) has reached an agreement on pricing on a new term loan and revolving credit facility, the financing for a pending acquisition of SpotX. The company has agreement in principle on pricing and syndication for a seven-year, $360M senior secured term loan B and a five-year, $5...
LOS ANGELES, April 05, 2021 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI) today announced that it has reached agreement in principle on pricing and syndication for a 7-year $360 million senior secured term loan B (the “Term Loan B”) and a 5-year $52.5 million senior secured revol...
Magnite continues to be a solid play on programmatic advertising especially in areas such as AVOD and CTV. Publishers are increasingly preferring independent SSPs to avoid conflict of interests. Magnite has come out with stellar fourth quarter 2020 results. Magnite has signifi...
Strategic move increases Magnite’s data capacity by 50% to support its unified omnichannel platform Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced a new, state of the art data center facility in Singapore, unifying its ...
The advertising industry is somewhere in the process of an important punctuated evolutionary transition, something like what life on Earth went through 65 million years ago after a big rock crashed into Mexico and kicked up a thousand years of dust into the atmosphere, drowning out sunlight, ...
Magnite (MGNI -0.7%) has closed an offering of $400M in convertible notes. The sale of that amount 0.25% convertible senior notes included the full exercise of an option to buy $50M in additional notes. They'll be convertible to cash, stock or a combination at Magnite's election, and bear int...
Includes Full Exercise of Initial Purchasers’ Option to Purchase $50 Million of Additional Notes Magnite (Nasdaq: MGNI) today announced that it has closed its offering of $400 million aggregate principal amount of 0.25% convertible senior notes due 2026 (the “n...
Magnite ([[MGNI]] +7.3%) has priced $350M of 0.25% convertible senior unsecured notes due March 15, 2026 in a private placement.Initial purchasers' granted an option to purchase up to an additional $50M of notes.Offering is expected to close on March 18 and is expected to ...
Magnite (Nasdaq: MGNI) today announced the pricing of $350 million aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the...
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2024-07-25 10:00:07 ET Eric Martinuzzi from Lake Street issued a price target of $21.00 for MGNI on 2024-07-25 08:24:00. The adjusted price target was set to $21.00. At the time of the announcement, MGNI was trading at $14.27. The overall price target consensus is at $19...
Gracenote teams with major connected TV (CTV) players to optimize contextual ad targeting PR Newswire New contextual categories powered by program-level Gracenote metadata available for Q4 campaigns with Cineverse, DIRECTV Advertising, Philo, Tastemade and Xumo to help bu...
Magnite Chosen as the Preferred Technology Partner to Enhance TELUS' Connected TV Offering Canada NewsWire TELUS will leverage Magnite's SpringServe Ad Server and Streaming SSP to bring innovative advertising opportunities to the Canadian market TORONTO , ...