Unity rejects AppLovin’s $20 billion merger offer

Unity rejects AppLovin’s $20 billion merger offer

2 years ago
Anonymous $Dcz6_RW03I

https://techcrunch.com/2022/08/15/unity-rejects-applovins-20-billion-merger-offer/

Unity announced this morning that it is committed to its merger with ironSource and will reject AppLovin’s $20 billion proposal.

Last month, the news broke that Unity — a widely-used game engine — would merge with ironSource, a mobile app monetization and distribution company. But the Israeli company’s larger competitor AppLovin submitted an unsolicited takeover bid to Unity with the condition that they terminate their deal with ironSource.

Unity rejects AppLovin’s $20 billion merger offer

Aug 15, 2022, 3:53pm UTC
https://techcrunch.com/2022/08/15/unity-rejects-applovins-20-billion-merger-offer/ > Unity announced this morning that it is committed to its merger with ironSource and will reject AppLovin’s $20 billion proposal. > Last month, the news broke that Unity — a widely-used game engine — would merge with ironSource, a mobile app monetization and distribution company. But the Israeli company’s larger competitor AppLovin submitted an unsolicited takeover bid to Unity with the condition that they terminate their deal with ironSource.