finance.yahoo.com

LivePerson Board Urges Vote for SoundHound AI Acquisition

LivePerson logoLivePerson
Sig3.33Sen+5.12Env0.00Soc0.00Gov+1.24
SoundHound AI logoSoundHound AI
Sig3.25Sen+3.05Env0.00Soc0.00Gov0.00

The LivePerson board unanimously recommends that stockholders vote FOR the pending acquisition by SoundHound AI, with ISS and Glass Lewis backing the recommendation. Approving requires a majority of all outstanding shares, and non-votes count against the deal. The parties say the transaction would exchange shares at a premium, and SoundHound expects combined revenue of $350M–$400M in 2027, scaling higher.

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