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News Corp 'simplifies' with deal to sell Unruly to Tremor

on Jan 6, 2020 | 0 comments

By Charlotte McEleny

Video ad platform Unruly is to part ways from Murdoch’s News Corp via a sale to Tremor, according to reports.

The deal is expected to be announced to the London Stock Market early on Monday 6 January but leaked reports have confirmed a provisional deal has been made between News Corp and Tremor.

The agreement will see News Corp take 6.91% of Tremor International stock, subject to an 18-month lock-up period and to certain adjustments, along with a total minimum revenue guarantee for News Corp of £30m, significantly less than it Read full story ›

Source: The Drum