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After buying EA, Silver Lake and PIF reportedly offer $25 billion for Unity

· techspot.com · popularity 21/100 · 0 similar stories today · Corporate News & M&A (Business & Finance)

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Summary

According to unnamed insider sources cited by Reuters, the offer was made weeks before Unity released its Q3 earnings report, which revealed a 59% increase in strategic revenue year-over-year and 134% growth in adjusted EBITDA. The report pushed the company's stock price up by roughly 4% and its market capitalization to around $21.5 billion. Read Entire Article

Found in: TechSpot. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 2.