LiveRamp shares hit 52-week high after FTC clears Publicis acquisition
The Federal Trade Commission's approval removes a key regulatory hurdle for the data company's deal with advertising giant Publicis.
LiveRamp stock reached a 52-week high of $38.31 after the FTC cleared Publicis Groupe's acquisition of the data-connectivity company.
LiveRamp stock climbs to fresh 52-week high
RAMP shares rallied to $38.31, a 52-week high, after the FTC cleared Publicis Groupe's acquisition of the data-connectivity firm, reflecting reduced deal risk priced in by investors.
Live price data for RAMP; context from Investing.com reports on FTC clearance of the Publicis-LiveRamp deal.
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<figure><a href="https://www.indy.finance/news/liveramp-shares-hit-52-week-high-after-ftc-clears-publicis-acquisition"><img src="https://www.indy.finance/news/liveramp-shares-hit-52-week-high-after-ftc-clears-publicis-acquisition/graphic.svg" alt="LiveRamp stock climbs to fresh 52-week high" width="1200" height="675"></a><figcaption>LiveRamp stock climbs to fresh 52-week high — <a href="https://www.indy.finance/news/liveramp-shares-hit-52-week-high-after-ftc-clears-publicis-acquisition">Indy Finance</a></figcaption></figure>If Publicis or LiveRamp disclose that the FTC clearance came with material conditions, or if the deal fails to close on the expected timeline, the bullish read on this approval would need revisiting.
- Investing.com — All NewsLiveramp Holdings stock hits 52-week high at $38.31External ↗
- Investing.com — All NewsLiveRamp stock rises as FTC clears Publicis acquisitionExternal ↗
Produced automatically by the INDY NEWS Desk from the public wire sources cited above, and checked against them before publication. Market commentary, not investment advice.