TubeMogul shares climbed higher on Thursday after Adobe announced that they would be acquiring the company. Shares soared over 80%. Adobe released a statement saying that the company has entered into a definitive agreement to acquire the ad-tech company for approximately $540 million net of debt and cash. Brad Rencher, Adobe’s executive vice president and … Continue reading “Adobe (ADBE) Acquires TubeMogul (TUBE) Sending Shares Soaring”
