finance.yahoo.com

LivePerson Shareholders Approve SoundHound Acquisition; Closing Set for Sept. 4

LivePerson logoLivePerson
Sig3.53Sen+3.71Env0.00Soc+0.14Gov+2.28

LivePerson shareholders approved the company’s acquisition by SoundHound AI at a Sept. 2 special meeting, ending voting uncertainty that had delayed the deal. The companies now expect closing on Sept. 4. SoundHound expects LivePerson to contribute at least $100 million in 2027 revenue, and to receive $74 million in LivePerson cash at closing before debt repayment.

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