Zeta Global climbs after agreement to acquire LiveIntent

Zeta Global Holdings

08/10/2024 22:52

** Shares of software company Zeta Global Holdings  ZETA.N 
up 3.54% at $32.97 after the bell
    ** Co to acquire LiveIntent in $250 mln deal that is
expected to be immediately accretive to ZETA's earnings
    ** Deal includes $77.5 mln in cash on hand and $172.5 mln in
common stock
    ** ZETA reaffirms Q3 forecast
    ** As of last close, stock up ~261% YTD

 (Reporting by Rishab Shaju in Bengaluru)
 ((Rishab.shaju@thomsonreuters.com))