TechTarget Shares Rise 11% on Merger Agreement with Informa - News Summed Up

TechTarget Shares Rise 11% on Merger Agreement with Informa


By Denny JacobTechTarget shares rose 11% to $39 in after-market trade following an agreement with Informa to merge and create a global platform for data and market access. Informa will contribute its Informa Tech digital businesses and own the rest of the merged entity. Write to Denny Jacob at denny.jacob@wsj.comBy Denny JacobTechTarget shares rose 11% to $39 in after-market trade following an agreement with Informa to merge and create a global platform for data and market access. Informa will contribute its Informa Tech digital businesses and own the rest of the merged entity. Last year, Informa bought specialist business-to-business event, data and media group Winsight for $380 million to expand its B2B portfolio in foodservice.


Source: Wall Street Journal January 10, 2024 23:03 UTC



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