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Redeye has a positive view on yet another transformative acquisition carried out by M.O.B.A. Network. The acquisition leads to a ~50% sales increase and a ~300% EBITDA increase on a 2022 pro-forma basis. We also believe the acquisition could lead to cross-selling synergies and that it could help M.O.B.A. with its bargaining power with ad networks and partners.
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