SingTel To Acquire Amobee For $321M

by Monica Gerson, Benzinga Staff Writer

March 5, 2012 3:51 AM | 10 seconds read | Make a Comment

Singapore Telecommunications Ltd

SGAPY

announced its plans to buy US-based Amobee Inc. SingTel will buy Amobee for US$321 million in cash. SingTel shares closed at $25.15 on Friday.

Posted In: News M&A merger and acquisition

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