Tether's supported Rumble is close to reaching a merger protocol with Northern Data.

2025-11-09 23:14:54

[Tether-supported Rumble is close to reaching a merger protocol with Northern Data] According to informed sources, Rumble is advancing a full stock acquisition offer to acquire the German data center company Northern Data. According to the terms of the deal, the target company's (Northern Data) valuation will be below its current market capitalization of $894 million. The aforementioned informed sources stated that both companies, supported by the stablecoin issuer Tether Holdings Ltd, may announce the protocol in the coming days. Due to the confidentiality of the information, these individuals requested anonymity. If this acquisition is successful, it will help Rumble achieve its goal of becoming a cloud computing service provider.

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