Innovid: Merger Arb Opportunity, Plus A Possible Sign Of Further Ad Tech M&A [Seeking Alpha]
Innovid Corp. (CTV)
US:NYSE Investor Relations:
ir.centurylink.com
Company Research
Source: Seeking Alpha
Follow Play 10min Summary On Nov. 21, Innovid announced that it would be acquired by larger ad tech competitor Mediaocean for $3.15 per share, a 94% premium to CTV's prior closing price. With Innovid shares skyrocketing on the news, the potential for a big upside with CTV stock has come and gone, although there is a small merger arbitrage opportunity here. More importantly, however, this news suggests that a wave of "merger mania" in the ad tech space is in full swing. With this in mind, you may want to take a look at some of CTV's small and similarly sized peers, many of which currently trade at low valuations and could benefit from this possibly emerging trend. Innovid (CTV) Boy Wirat Following Mediaocean's recent deal to acquire Innovid NYSE: CTV ) for $3.15 per share , the opportunity for a big upside in CTV stock has come and gone. At best, CTV now represents a merger arbitrage opportunity. Yet while This article was written by Thomas Niel Follower s
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CTV
News
- Toast Stock Price Increases 131% YTD: Is There Still Room to Jump? [Yahoo! Finance]Yahoo! Finance
- Innovid Report Details Trends, Creative Benchmarks, & Best Practices for Advertising on Live-Streamed Sports [Yahoo! Finance]Yahoo! Finance
- Innovid Report Details Trends, Creative Benchmarks, & Best Practices for Advertising on Live-Streamed SportsBusiness Wire
- INVESTIGATION NOTICE: Kaskela Law LLC Announces Shareholder Investigation of Innovid Corp. (NYSE: CTV) Buyout and Encourages Investors to Contact the FirmGlobeNewswire
- Innovid Corp. (NYSE: CTV) was downgraded by analysts at Citizens Jmp from a "strong-buy" rating to a "hold" rating.MarketBeat
CTV
Earnings
- 8/6/24 - Miss
CTV
Sec Filings
- 12/2/24 - Form 144
- 11/21/24 - Form DEFA14A
- 11/21/24 - Form DEFA14A
- CTV's page on the SEC website