Lares Capital
Hedge fund manager, small-cap, long/short equity

Perion And Conduit: Match Made In Heaven?

Perion (NASDAQ:PERI) shareholders had a rude awakening Monday morning: their stock made pre-market "top losers" list after Perion announced a merger with a much larger Conduit Connect, a spin-off of Conduit software - the largest Israeli software company. For every share, Perion would issue another four to th...

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