AppLovin (APP) Submits Non-Binding Proposal to Combine with Unity (U)
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AppLovin Submits a Compelling Non-Binding Proposal to Combine with Unity
August 9, 2022 8:30 AM EDTCombination of industrys leading platforms would deliver optimal shareholder value and create an unprecedented full stack solution for developers to create, monetize, measure and grow games
Comprehensive full-stack set of integrated industry-leading solutions including real-time 3-D creation tools, analytics, user acquisition, monetization, attribution and programmatic ad exchange Scaled operations and cash flow, targeting combined run-rate revenue of over $7 billion and run-rate Adjusted EBITDA of over $3 billion by the end of 2024E Estimated synergies of over $700 million Adjusted EBITDA achieved in 2025E, with a minimum of $500 million in 2024E, based on... More
