Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Unity Is On the Right Path -- Even Without AppLovin

TheMotleyFool

0 0

Unity Is On the Right Path -- Even Without AppLovin: https://g.foolcdn.com/editorial/images/696067/two-people-playing-a-mobile-video-game.jpg

On Aug. 9, 2022, most investors thought the biggest news for Unity Software (NYSE: U) would be its second-quarter earnings report. That morning, however, AppLovin (NASDAQ: APP) publicly submitted a buyout proposal to Unity's Board of Directors, pinning its enterprise value at $20 billion.

This offer included a major contingency regarding merger plans Unity had previously set in motion. The company has yet to officially respond to AppLovin's offer, but here's why Unity should reject the merger proposal.

Image source: Getty Images.

Source Fool.com

Like: 0

Share