Outbrain (OB) has issued an update.
Outbrain Inc. has struck a definitive agreement to acquire all shares of Teads, with the transaction involving a mix of cash and stock consideration, totaling $725 million in cash and additional shares in Outbrain’s common and preferred stock. The deal is subject to customary closing conditions, including regulatory approvals and stockholder consent. Upon completion, the seller will hold a significant stake in Outbrain, and the closure of the transaction is anticipated for the first quarter of 2025. The agreement also includes provisions for stockholder agreements, registration rights, and a commitment by Outbrain to secure debt financing to support the acquisition.
Learn more about OB stock on TipRanks’ Stock Analysis page.
