Perion Network has agreed to merge with Affle for $11.70 a share, worth about $420 million.

Nov 1, 2026, 2:04 PM ETDealRead the original at fidelity.com

Good for PERI

Perion shareholders would receive $11.70 per share in cash, 34.5% above the October 30 closing price. The 40-day search for other offers and required approvals could still stop the sale, and Perion shares would leave both exchanges if it closes.

PERI · Perion Network Ltd.

AI read · Good for PERI

The AI's read

This sets a cash value for shareholders instead of leaving the company's worth tied only to its future results. The board's approval supports the deal. Another buyer may make an offer during the 40-day search, and regulators and shareholders must approve the sale.

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