_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 jlr share price 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: 680K times
✓ Published: 14-May-2024
👁 View: 680K 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
_girl-pulls-hilarious-scare-prank-on-easy-to-spook-boyfriend.webp "Life with a prankish partner could tremendously improve one's balancing chops as they're on their toes all day, every day. <br/><br/>In this chucklesome clip, Sandrine pulls a scare prank on her partner, Kim, getting a hilarious reaction out of him in the process.<br/><br/>What's funnier is the fact that the jump scare shown in this clip wasn't the first time Sandrine messed with her partner. It's a regular part of their everyday lives. <br/><br/>\")
_major-airlines-file-lawsuit-against-biden-administration-over-flight-fee-rule.webp "Major U.S. airlines, including American, Delta, and United, are suing the Biden administration over a new rule on flight fee transparency. The Transportation Department's rule requires airlines to disclose baggage, cancellation, and change fees earlier in the booking process. Airlines must show all fees on the first website page when quoting a flight price. The airlines' industry group argues the rule overreaches and will confuse consumers with too much information. Southwest Airlines is not part of the lawsuit, as the rule would minimally impact them due to their customer-friendly policies on baggage and reservation changes.")
_google39s-rapid-growth-raises-questions-on-employee-compensation-at-all-hands-meeting.webp "Google employees questioned leadership about cost cuts, layoffs, and declining morale at an all-hands meeting after Q1 earnings beat estimates. CEO Sundar Pichai said most layoffs will be completed in the first half of 2024, with a much smaller scale in the second half. CFO Ruth Porat said expenses grew faster than revenue, which isn't sustainable, and the focus is investing in growth areas. Porat defended share buybacks and dividends, saying cash can't just be drained and the board has fiduciary duties.")
_mischievous-boy-teams-up-with-his-teeth-to-make-foam-soccer-ball-unplayable.webp "It's almost a guarantee that something strange is up whenever a toddler goes quiet for longer than a few minutes. <br/><br/>\")
_adorable-baby-turns-feeding-time-into-a-comedy-routine-for-his-brother.webp "Giving up on a delicious meal just to see a smile on his brother's face is something that the adorable star of this clip is always up for. <br/><br/>Shared by Joseph, the chucklesome video features a mischievous baby boy, Charlie, giving his mom a tough time as she tries to feed him, much to the amusement of his brother. <br/><br/>The fact that the little one gets food on his face as a result of his shenanigans and he still doesn't budge is a testament to how much he enjoys making his brother happy. <br/><br/>\")
_mom-hilariously-outsmarted-by-3-y92-o-son-while-attempting-the-classic-39nutella-prank39.webp "Endearingly hilarious footage has surfaced of Ali discovering that her son is unlike most kids. <br/><br/>\")
_cute-horses-enjoy-messing-with-each-other.webp "This hilarious video is proof that mischief is a misdemeanor not restricted to humans. <br/><br/>The clip features a horse messing with its pal by slamming its stall door on its face, snatching its liberty to enjoy fresh air in peace. <br/><br/>\")
_coinbase-faces-major-outage-as-users-locked-out-as-cryptocurrency-exchange-goes-offline.webp "The popular cryptocurrency exchange Coinbase suffered a system-wide outage early Tuesday morning. Users could not access Coinbase and received a \")
⏲ 0:34 👁 225K
_girl-pulls-hilarious-scare-prank-on-easy-to-spook-boyfriend.jpg)
_major-airlines-file-lawsuit-against-biden-administration-over-flight-fee-rule.jpg)
_google39s-rapid-growth-raises-questions-on-employee-compensation-at-all-hands-meeting.jpg)
_mischievous-boy-teams-up-with-his-teeth-to-make-foam-soccer-ball-unplayable.jpg)
_adorable-baby-turns-feeding-time-into-a-comedy-routine-for-his-brother.jpg)
_mom-hilariously-outsmarted-by-3-y92-o-son-while-attempting-the-classic-39nutella-prank39.jpg)
_cute-horses-enjoy-messing-with-each-other.jpg)
_coinbase-faces-major-outage-as-users-locked-out-as-cryptocurrency-exchange-goes-offline.jpg)
![[+]](/images/menu.gif){kind=small}