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Unity Board Opposes AppLovin’s $17.5 Billion Buyout Offer

Unity Software board has unanimously agreed that the $17.5 billion buyout offer from AppLovin isn’t in the most effective pursuits of shareholders.

Unity on Monday beneficial shareholders vote in opposition to the AppLovin deal and as an alternative vote in favor of Unity’s planned deal to purchase ironSource Ltd. for $4.4 billion, a merger that was agreed upon final month. IronSource runs a platform for publishing and scaling cell video games and different apps.

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