Rubicon project and telaria agree to combine

Press release - rubicon project and telaria agree to combine to form largest independent sell-side advertising platform, poised to capture growth in connected tv.rubicon project inc - each share of telaria will be converted into right to receive 1.082 shares of rubicon project common stock.rubicon project inc - upon closing, michael barrett will be named ceo of combined company.rubicon project - telaria stockholders to own about 47.1%, rubicon project stockholders expected to own about 52.9% of fully diluted shares of co.rubicon project inc - telaria board member paul caine will be chairperson of board of directors of combined company.rubicon project - merger creates both revenue & cost synergies, with expected annual run rate cost synergies of about $15-20 million for combined company.rubicon project - combined co will have no debt based on sept 30, 2019 balances.rubicon project inc - upon closing, david day will be chief financial officer of combined company.
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