other material
confidence high
sentiment neutral
materiality 0.60
LiveRamp supplements proxy disclosures amid three stockholder suits over Publicis merger
LiveRamp Holdings, Inc.
- Three stockholder suits filed (Garfield, O'Connor, Turner) allege misleading proxy statements; company denies merit.
- Company voluntarily adds Evercore DCF and comps details; DCF implied equity value $33.83-$49.38 vs $38.50 merger consideration.
- Evercore selected-comps analysis implied equity values $22.32-$46.21 across metrics; merger consideration $38.50 per share.
- Projections: 2027E revenue $988M, pre-SBC adjusted EBITDA $271M; 2030E revenue $1,426M, pre-SBC EBITDA $451M.
- Special meeting to vote on merger set for Aug 17, 2026; supplements aim to avoid delay from litigation.