LiveRamp Completes $38.50/Share Takeover by Publicis Groupe; Shares Delisted From NYSE
Summary
LiveRamp closed its previously announced acquisition by Publicis Groupe at $38.50 per share in cash, with the stock halted and delisted from the NYSE on November 2, 2026.
Key Events · M&A and Partnerships · RAMP
-
Merger Closed at $38.50 Per Share
MMS USA Holdings (Publicis Groupe) completed its acquisition of LiveRamp on November 2, 2026; each outstanding share converted into the right to receive $38.50 in cash, without interest.
-
Shares Delisted From NYSE
Trading was halted before the November 2, 2026 open, and all shares were removed from the NYSE. A Form 25 delisting/deregistration was filed, and LiveRamp intends to file a Form 15 to suspend its Exchange Act reporting obligations.
-
Board and Officers Replaced
All directors and executive officers ceased serving at the Effective Time, with Merger Sub's officers and directors becoming those of the surviving company; the charter and bylaws were amended and restated, cutting authorized capital to 1,000 shares.
-
Karasick Retention Award $1,625,000
Chief Product Officer Matt Karasick received an additional retention award bringing his total to $1,625,000, payable on the 30th day after closing and contingent on signing an employment agreement by November 30, 2026.
Analysis · RAMP · Technology
The merger is complete: LiveRamp now operates as a wholly owned subsidiary of Publicis Groupe's MMS USA Holdings, and every share was converted into $38.50 in cash. Trading was halted before the November 2 open, and the stock is being delisted and deregistered, leaving the fixed cash consideration—not the business—as the remaining economics. Only administrative loose ends remain: appraisal rights for holders who perfect them, and a $1,625,000 retention payment to Chief Product Officer Matt Karasick that requires him to sign an employment agreement by November 30, 2026.
How filings like this one have moved
In the 30 days to Nov 2, 2026, 40.4% of the 1069 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RAMP was trading at $38.50 on NYSE in the Technology sector, with a market capitalization of approximately $2.3B. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.