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Telaria, Inc.

Merger

Overview
  • Date:
  • 12/19/2019
  • Case Caption:
  • Yang v. Telaria, Inc., et al.
  • Stock Symbol:
  • TLRA
  • Company Name - Buyer:
  • The Rubicon Project, Inc.
  • Status:
  • Filed
  • Merger Announcement Date:
  • 12/19/2019
  • Filing Date:
  • 3/5/2020
  • Court:
  • U.S. District Court: Northern California

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On December 19, 2019, Telaria announced that it had signed an agreement to merge with Rubicon Project. Per the merger agreement, Telaria stockholders will receive 1.082 shares of Rubicon Project common stock for each share of TiVo common stock owned. The deal is scheduled to close in the first half of 2020. Bragar Eagel & Squire is concerned that Telaria’s board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Telaria stockholders.

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