Tradedoubler received a LOI from its largest shareholder Reworld Media S.A. concerning an indicative interest in a public takeover offer for the company’s shares. Besides an indicative interest and that such offer could be announced in early November, the letter does not contain any price indications or other terms and conditions for a potential offer. Founded in Sweden, Tradedoubler is an international leader in performance-based digital marketing and technology. Tradedoubler's stock price rose 40.58% on Thursday after the news.
