AppLovin offers to buy video game software maker Unity in $17.5 billion deal

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Wedbush on Unity Software Inc. (U): 'We Expect U to Reject APP Offer'

August 9, 2022 12:49 PM EDT

Wedbush on Unity Software Inc. (NYSE: U): 'We Expect U to Reject APP Offer'

The analyst comments "AppLovins non-binding proposal to acquire Unity in an all-stock deal makes a lot of business sense. The combined company has the potential to offer the most... More

AppLovin (APP) Makes Offer to Acquire Video Game Maker Unity (U)

August 9, 2022 10:03 AM EDT

AppLovin (NASDAQ: APP) has made an offer to acquire Unity Software Inc. (NYSE: U) in an all-stock transaction, it was revealed Tuesday.

AppLovin said it has made an offer where each outstanding share of Unity common stock would be exchanged for 1.152 shares of AppLovin Class A voting... More