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Playstudios To Purchase $24.6m Worth Of Shares Held By Microsoft

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Shares of social casino developer Playstudios (NASDAQ:MYPS) rallied in Tuesday’s after-hours trading session after the company announced that it is purchasing $24.6 million of its equity held by Microsoft (NASDAQ: MSFT). While not a share repurchase program in the traditional sense, the move to purchase the shares owned by Microsoft has the positive impact of […]

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