Is There a Problem With Magnite's Management?
On April 1, The Rubicon Project completed a merger with Telaria to create the largest independent sell-side advertising platform. The reason for the merger was simple. Telaria excelled in the connected-TV segment of its business. The combined company gave it the scale needed to better capture the upside from the huge shift away from linear TV.
The Rubicon Project has since been rebranded as Magnite (NASDAQ: MGNI). An investment in Magnite revolves around a connected-TV thesis. So, should shareholders be concerned that Telaria's former CEO unexpectedly resigned from the company in June?
Image source: Getty Images.
Source Fool.com
