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Manus returns as independent company after Meta deal unwind
Meta had agreed to buy Manus for $2.0 billion, but the parties reversed course after China required the transaction be unwound.
CNBC Markets reports that Manus is set to return as an independent company after Meta unwound a planned acquisition.
The reversal follows Meta's earlier plan, announced last December, to buy Manus for $2.0 billion as part of its push to strengthen its AI strategy.
According to CNBC, the unwind was required by China, ending the $2 billion deal before it could close.
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