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Audioboom shares balloon following Spotify and Amazon takeover reports

Audioboom shares balloon following Spotify and Amazon takeover reports

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Audioboom Group PLC (AIM:BOOM) shares bounced in early trading following reports that Spotify Technology SA (NYSE:SPOT) and Amazon.com Inc (NASDAQ:AMZN) were mulling takeover bids for the podcast distribution platform. Sky News reported that the tech giants were considering an approach for the UK group, with the potential of formal offers being made as soon as this month.

...read full article on Proactive Investors

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