Friday, 24 March, 2023

Short video app Triller and SeaChange to call off $5B merger

<p>&nbsp;</p> <p>Triller announced that it has terminated its merger deal with Seachange International, a video advertising and streaming technology provider, sending the company&#39;s stock down 30% in premarket trade. The firms stated that they had mutually resolved to end the deal since it was no longer viable to complete the merger before the June 30 deadline. The two companies, in December, agreed to take Triller public through a reverse merger with SeaChange.&nbsp;</p>