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Australian IT firm Appen gets merger bid from US-based Innodata

By Staff Writer

Mar 13 2024 6:28AM

Shares soar before trading halted.

Australian IT firm Appen gets merger bid from US-based Innodata

Australian software firm Appen has received a proposal from US-based digital data solutions firm Innodata for a potential merger in an all-stock deal. Appen said the proposal offers $0.70 worth of Innodata shares per share of the company, which "represents a premium in excess of 100 percent to ...

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