By Denny JacobTechTarget and Informa agreed to combine in which the latter company's digital businesses will merge with the former to create a global platform for data and market access. Informa will contribute its Informa Tech digital businesses and $350 million in exchange for a 57% stake in the combined company. The $350 million in cash, or about $11.79 per outstanding TechTarget share, will be paid to existing TechTarget shareholders upon the transaction's completion.

Source: Wall Street Journal January 10, 2024 23:17 UTC