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Datadog exploring takeover bid for GitLab, Street Insider says

Datadog (DDOG) is said to be working with bankers at Morgan Stanley (MS) to once again explore a potential takeover bid for GitLab (GTLB), a source reportedly told Street Insider. GitLab explored a potential sale with its own bankers and Datadog was one of the interested parties, Reuters previously reported. A new bid could be made for over $60 per share, according to Street Insider’s source.

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