Here’s why the Keyword Studios share price is surging
Keyword Studios (LON: KWS) share price has staged a strong recovery in the past few weeks. It jumped to 1,470p on Friday, its highest swing since March 13th. Its highest point was a 33% increase from its lowest level this year. Keyword Studios stock price will likely surge hard on Monday after reports emerged that EQT, a Swedish private equity company, is in talks to buy it for £2.2 billion. The company’s stock had a market cap of over $1.16 billion, meaning that EQT is paying a 70% premium. It is unclear whether Keyword will accept the deal since it had rejected an offer before. However, I be...