_squarespace-agrees-to-366-9-billion-all-cash-deal-going-private-with-permira.jpg "Squarespace Agrees to $6.9 Billion All-Cash Deal, Going Private with Permira from nazara ipo allotment Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 600K times
✓ Published: 14-May-2024
👁 View: 600K times
✓ Published: 14-May-2024
Description:
Website-building platform Squarespace announced it will go private in a $6.9 billion all-cash deal with private equity firm Permira. Permira will pay $44 per share, a 30% premium over Squarespace's unaffected stock price. Squarespace struggled as a public company, opening below its reference price and never trading above its IPO price. Major shareholders approved the deal and will remain investors after the acquisition. The deal marks a trend of smaller tech companies going private after difficulties in the public markets.
Website-building platform Squarespace announced it will go private in a $6.9 billion all-cash deal with private equity firm Permira. Permira will pay $44 per share, a 30% premium over Squarespace's unaffected stock price. Squarespace struggled as a public company, opening below its reference price and never trading above its IPO price. Major shareholders approved the deal and will remain investors after the acquisition. The deal marks a trend of smaller tech companies going private after difficulties in the public markets.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_tbo-tek-ipo-allotment-status-aadhar-housing-ipo-allotment-direct-link-how-to-check-latest-gmp.webp "Investor Academy")
TBO TEK IPO ALLOTMENT STATUS • AADHAR HOUSING IPO ALLOTMENT • DIRECT LINK HOW TO CHECK? • LATEST GMP
⏲ 4 minutes 48 seconds 👁 7K
_nazara-technologies-ipo-how-to-check-ipo-allotment-status-on-bse-ipo-gmp-allotment-results.webp "Stock Market INDIA")
⏲ 8 minutes 37 seconds 👁 13.1K
_shein39s-quest-for-membership-in-nrf-hits-roadblock-as-it-pursues-u-s-ipo.webp "Chinese fast-fashion giant Shein seeks to gain favor with U.S. lawmakers and the broader U.S. retail industry. However, Shein's efforts to join the National Retail Federation have been repeatedly rejected. Shein is perceived as exploiting the de minimis provision, a U.S. tariff law loophole that exempts packages under $800 from import duties and rigorous screening. Shein's ties to China and concerns over forced labor and fair competition could be reasons for the NRF to deny membership.")
_allotment-status-tbo-tek-ipo-124-aadhar-housing-ipo-124-indegene-ipo-hold-or-sell-124-jayesh-khatri.webp "Knowledge Jazz")
⏲ 8 minutes 6 seconds 👁 24.3K
_tbo-tek-ipo-allotment-status-aadhar-housing-ipo-allotment-direct-link-how-to-check-latest-gmp.jpg)
_nazara-technologies-ipo-how-to-check-ipo-allotment-status-on-bse-ipo-gmp-allotment-results.jpg)
_shein39s-quest-for-membership-in-nrf-hits-roadblock-as-it-pursues-u-s-ipo.jpg)
_allotment-status-tbo-tek-ipo-124-aadhar-housing-ipo-124-indegene-ipo-hold-or-sell-124-jayesh-khatri.jpg)
![[+]](/images/menu.gif){kind=small}