Representation of Pitango Venture Capital and Evergreen Venture Partners, both shareholders of Taboola, in the merger transaction between Taboola and Outbrain, two of the leading content distribution companies in Israel. As part of the transaction, Taboola will pay Outbrain shareholders $250 million in cash and hold a 70% stake of the merged company, which will operate under the Taboola brand name.
The representation included review and analyses of complex transaction structures and documentation with an emphasize on identifying and addressing legal and commercial implications of the merger and post-transaction governance on the shareholders.
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