RhythmOne in talks to be acquired by Taptica International

Writer, Stock Market Wire
Wednesday, January 30, 2019 - 08:15

RhythmOne confirmed media speculation that it was in 'advanced discussions' regarding a share-based takeover of the company by Taptica International.

The combination of the two businesses would create a 'leading' video advertising company in the US, RythmOne said.

Under UK takeover rules, Taptica must make a firm offer by 26 February.

At 8:15am: (LON:RTHM) RhythmOne PLC share price was -1p at 186.2p