Britain’s competition watchdog had ordered Meta last year to reverse the deal — a year after it was announced — but the company appealed to a tribunal, which…
“We are disappointed by the CMA’s decision but accept today’s ruling as the final word on the matter. We will work closely with the CMA on divesting GIPHY,” Meta said in a statement. “We will continue to evaluate opportunities — including through acquisition — to bring innovation and choice to more people in the UK and around the world.”Article content
Meta said it would wait for more details on the divestment order and wouldn’t file another appeal, bringing to an end the drawn-out battle over the acquisition reportedly worth $400 million.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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