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News 2026-09-18 21:07 UTC

RTB Digital to buy 49% stake in Paradium.AI for USD 89.56 million

RTB Digital agreed to buy about 49.5% of Paradium.AI common stock from Simplify, subject to keeping its stake below 50%. Purchase price set at USD 89.56 million, including a USD 10 million deposit, USD 6 million in RTB stock, USD 73.56 million cash. Cash component implies USD 3.8 per share; Simplify expected to retain