PERI ▼ -1.6% - Perion Network Ltd.
$PERI Perion: To Be Acquired by Affle 3i for $420M in All-Cash Deal at $11.70 Per Share ? • Deal: $11.70 per share in cash, valuing Perion at ~$420M. • Financials: Perion holds ~$228M in cash with no financial debt. • Strategy: Combines AI-powered advertising and performance marketing across global markets. • Outlook: Affle targets >$700M FY2028 revenue run rate and EPS accretion within one year of closing. • Closing: Expected in early 2027, subject to approvals.
01-NOV-2026 12:56 PM ET
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