The facts
Perion said Affle will acquire it for $11.70 per share in cash, an aggregate equity value of approximately $420 million. [1]
The offer represents a 34.5% premium to Perion’s closing share price on 30 October 2026, according to the companies’ announcement. [1][2]
Perion shareholders have a 40-day go-shop period ending 11 December 2026. Completion remains subject to shareholder, regulatory and other conditions and is expected in early 2027 if the conditions are met. [1]
Still unconfirmed
- Whether Perion will receive a superior proposal during the go-shop period is unknown.
- Regulatory and shareholder approvals remain pending; the transaction has not closed.
Sources
References support the numbered facts above. Source checks: 2 Nov 2026, 04:07 UTC.
Perion’s primary release establishes the agreement and its terms; Globes independently reports the transaction. It is an agreement, not a completed acquisition.
- Perion enters into definitive merger agreement with Affle
Perion Network Ltd. · Primary source · 1 Nov 2026
Opened the company’s primary release for agreement price, stated premium, go-shop period, conditions and expected timing.
- Affle acquires Perion for $420m
Globes · Reporting · 1 Nov 2026
Opened Israeli business outlet report independently owned from Perion. Its description aligns with the primary release.