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Rumble is said to advance scaled-back all-share bid for Northern Data Nov. 09, 2025 11:47 AM ETRumble Inc. (RUM) Stock, NDTAF StockBy : Rob Williams, SA News Editor Comments Rumble (RUM) is moving forward with plans to acquire German data-center operator Northern Data (OTC:NDTAF) in an all-stock deal that would value the target below its current market cap of roughly $894 million, Bloomberg News reported Sunday, citing people familiar Quick Insights Acquiring Northern Data would help Rumble accelerate its build-out of a cloud-computing business to complement its video-streaming platform. A criminal inquiry into Northern Data over alleged misuse of tax incentives has led to scrutiny, pressuring shares and potentially complicating financing and deal risk. Northern Data shareholders will receive a smaller stake due to a lower exchange ratio, and the combined valuation has dropped because both firms' shares fell recently. Recommended For You More Trending News
