Advertising technology provider Criteo (CRTO), whose talks with potential acquirers in previous years had proved unsuccessful, is making a new attempt to sell itself, people familiar with the matter tell Reuters’ Milana Vinn. The company kicked off a sale process last week and investment bank Evercore (EVR) is advising Criteo on the process, the sources said. Shares of Criteo spiked 13% following the initial headlines and remain up 8% to $33.65 after resuming trading. Reference Link
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CRTO:
- CRITEO REPORTS FOURTH QUARTER AND FISCAL YEAR 2022 RESULTS
- #SocialStocks: Meta circumvents FTC challenge and will acquire Within Unlimited
- GoodRx to pay $1.5M fine over sharing health data, Bloomberg Law reports
- Criteo and Magnite enter preferred relationship for CTV retailer audiences
- Benchmark digital media analysts to hold an analyst/industry conference call