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Informa: Delivers Standout Performance In 2023; Tech Digital Businesses To Combine With TechTarget

Informa (INF.L) said it expects to report 2023 underlying revenue growth of approximately 30%, reported revenue of more than 3.16 billion pounds, adjusted operating profit of approximately 845 million pounds and free cash flow of more than 600 million pounds.
Stephen Carter Gary Nugent Michael Cotoia Chief Executive Informa Tech New Techtarget

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Why TechTarget Shares Are Trading Higher By Over 14%? Here Are Other Stocks Moving In Thursday's Mid-Day Session - Applied Optoelectronics (NASDAQ:AAOI), Amarin Corp (NASDAQ:AMRN)

Shares of TechTarget, Inc. (NASDAQ: TTGT) rose sharply during Thursday’s session after the company announced a strategic combination with Informa Tech's digital businesses. TechTarget shares surged 14.4% to $40.34 on Thursday.
Sanjay Datta Sunpower Corporation Bitfarms Ltd Bitcoin Etfs Infinera Corporation Biju Perincheril

TechTarget to Expand Scale and Leadership Position in B2B Data and Market Access through Strategic Combination with Informa Tech's Digital Businesses -January 10, 2024 at 04:33 pm EST

TechTarget shareholders to receive approximately $11.79 per share in cash and retain a 43% stake in New TechTarget, allowing them to participate in the long-term value creation of the combined...
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