Adveritas eyes worst day in about 1 year on failed deal with Integral

Integral Ad Science Holding

30/11/2022 24:10

** Australia's Adveritas falls as much as 21% to A$0.083,
marking its worst day since Dec. 6, 2021 — if losses hold 
    ** Online and mobile marketing solutions provider announces
an update on indicative proposal with Integral Ad Science Inc
 IAS.O  
    ** Says proposal with Integral Ad will not be proceeding to
a due diligence phase
    ** About 848,500 shares change hands compared with the
30-day moving average of 409,200 shares
    ** Stock has fallen 16% this year, as of last close
 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))