Perion Network (PERI +1%) edges higher a day after rallying 7% on a report Web site...


Perion Network (PERI +1%) edges higher a day after rallying 7% on a report Web site toolbar/mobile developer tool provider Conduit is in advanced talks to buy Perion for up to $200M, as part of a plan to split Conduit into two companies. Perion's market cap currently stands at $158M; its shares are up 46% YTD.

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