Readly - The Spotify of Magazines

Takeover bid for the company at 12 SEK per share, a premium of +59% over the previous closing price. The company’s IPO price was once 59 SEK. Quite something..

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Link to the press release. A bit of a shame as I have been following this with interest.

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There was indeed a further increase to this, and the price rose to 14.4 SEK.