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The board formed a special committee of independent directors to evaluate options across its portfolio.
Playtika's board formed a special committee to evaluate strategic alternatives across its portfolio.
KEY POINTS
- Morgan Stanley & Co. LLC has been retained as Playtika's financial advisor for the review process.
- Playtika clarified it will not provide updates unless a specific course of action is approved.
- Analyst price targets for Playtika have recently been lowered, with the highest at $5.50.
COMPANIES
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