Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · LiveRamp Holdings (RAMP)

LiveRamp agrees to all-cash sale to Publicis unit at $38.50 per share, $2.5 billion value

Positive Impact 5 of 5 m&a Written later

On May 16, 2026, LiveRamp agreed to be acquired by a subsidiary of Publicis for $38.50 per share in cash, an equity value of $2.5 billion and a 30% premium to the May 15, 2026 closing price. The deal requires stockholder approval and regulatory clearances, including CFIUS approval, and is expected to close by the end of calendar 2026. Alongside the deal, fiscal fourth-quarter revenue rose 9% to $206 million and non-GAAP operating income rose 75% to $40 million, but the company will not hold an earnings call or provide guidance.

Key points

  • Merger consideration is $38.50 in cash per share, with a 30% premium to the May 15, 2026 closing stock price
  • Either party may owe a termination fee of $32,350,000 in certain circumstances; the Outside Date is May 16, 2027
  • Expected to close by the end of calendar 2026, subject to stockholder approval and regulatory conditions
  • Q4 FY26 total revenue was $206 million, up 9%; GAAP diluted EPS of $1.12 benefited from a tax valuation allowance release

The filing

CompanyLiveRamp Holdings (RAMP)
Form8-K, current report
Filed with the SECMay 18, 2026, 6:04 AM ET
Accession number0001104659-26-062908

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations5.02 Director / Officer Change5.03 Bylaw / Charter Amendment7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 18, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.