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News  ›  The Motley Fool

Investor Cuts $12.9 Million Stake as IAS Heads Toward $1.9 Billion Buyout

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
Investor Cuts $12.9 Million Stake as IAS Heads Toward $1.9 Billion Buyout

Connecticut-based Ararat Capital Management sold nearly 1.5 million shares of Integral Ad Science (IAS) in Q3, reducing its position by $11.1 million, while the company is set to be acquired by Novacap for $1.9 billion at $10.30 per share.

Insights
PFE   neutral

Mentioned as making a rival bid for Metsera with potential regulatory challenges


IAS   neutral

Company is being acquired at a premium, showing stable performance, but investor is reducing stake, indicating limited future growth potential