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Wiz rejects Google’s $23 billion takeover in favor of IPO
Wiz rejects Google’s $23 billion takeover in favor of IPO Wiz reportedly abandoned the deal over antitrust and investor concerns. | Illustration: The VergeCybersecurity startup Wiz has turned down a $23 billion takeover bid from Google’s parent, Alphabet, breaking off what would have been the largest acquisition in the search giant’s history. In an internal memo seen by CNBC, Wiz co-founder Assaf Rappa...
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