Perion Shareholders Approve Acquisition of Conduit's ClientConnect

Perion Network Ltd. PERI today announced that at an Extraordinary General Meeting of Shareholders (the “Meeting”) held earlier today, its shareholders approved the previously announced Share Purchase Agreement, dated as of September 16, 2013, by and among Perion, Conduit Ltd. and ClientConnect Ltd., a newly formed Israeli company to be owned by the shareholders of Conduit in proportion to their ownership of Conduit. The other transactions contemplated by the Share Purchase Agreement, as well as all other proposals set forth in the Company's Proxy Statement, dated October 15, 2013, were also approved at the Meeting. The votes cast in favor of the Share Purchase Agreement at the Meeting See full press release