1 year 9 months ago
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Unity today announced that it will not be accepting AppLovin's unsolicited offer of a merger in order to go ahead with a previously announced deal with IronSource.
Unity's board of directors decided unanimously that AppLovin's proposal "is not in the best interests of Unity shareholders."
It added that AppLovin's offer would not have fulfilled an exit clause in the deal with IronSource because it did meet the criteria to be considered a "superior proposal."