_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 hvhz approved 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
_how-to-124-roofing-basics-part-3-of-3.webp "Veteran Construction")
_tesla39s-gigafactory-expansion-in-berlin-gets-green-light-despite-anti-tesla-protests.webp "Tesla's plan to expand its Gigafactory near Berlin, Germany was approved by the local council, improving Tesla's chances of building more logistics space. Anti-Tesla protest groups oppose the expansion, claiming it threatens local water supplies. Protesters want to draw attention to the minerals needed for electric car batteries and their impacts on communities, as EVs require more minerals than gas cars. Some protesters have been living in treehouses near the factory for months to try to stop the expansion. A court rejected police attempts to remove them.")
_how-to-line-up-2-sides-of-a-closed-valley.webp "Life's Apprentice")
_self-adhere-roofing-for-flat-roofs-sbs-9234peel-and-stick-ruberoid-roofing9234-anyone-can-do-it.webp "Roofing Solutions by Eric Garcia")
⏲ 8 minutes 20 seconds 👁 169.5K
_part-3-of-3-saving-the-best-for-last-expansion-expansion-expansion-xponential-2024-exclusive.webp "GEODNET")
⏲ 4 minutes 52 seconds 👁 90
_how-to-install-roof-valley.webp "Dylan Hodgson")
_porsche-taycan-turbo-gt-review-in-laguna-seca.webp "At peak power, both models can deliver more than 1,100 PS. In combination with various lightweight construction and aerodynamics measures, these all-electric GT sports cars raise the bar in terms of driving dynamics. A more powerful and efficient pulse inverter that uses silicon carbide as the semiconductor material is used on the rear axle. The first Taycan Turbo GT models should be delivered to customers from this spring.<br/><br/>Not yet on the market, but already a record holder<br/>The Taycan Turbo GT with Weissach package earned the title of fastest electric series-production car at the Weathertech Raceway Laguna Seca, in California, on 23 February 2024. With a time of 1:27.87min., Porsche development driver Lars Kern put in a faster lap than any other driver has before with a road-approved electric car.<br/><br/>Not long before that, a pre-production version of this same new model set a new class record on the Nürburgring. Kern was also at the wheel on that occasion and posted a lap time of 7:07.55 min. on the Nordschleife. This official lap time is a whopping 26 seconds faster than Kern recorded for his last record lap in a Taycan Turbo S Sport sedan equipped with the performance package back in August 2022. This time also stands as the current record for series-production electric cars and also makes the Turbo GT the fastest four-door of any powertrain type on the Nürburgring.")
_how-to-124-roofing-basics-part-1-of-3.webp "Veteran Construction")
_how-to-124-roofing-basics-part-3-of-3.jpg)
_tesla39s-gigafactory-expansion-in-berlin-gets-green-light-despite-anti-tesla-protests.jpg)
_how-to-line-up-2-sides-of-a-closed-valley.jpg)
_self-adhere-roofing-for-flat-roofs-sbs-9234peel-and-stick-ruberoid-roofing9234-anyone-can-do-it.jpg)
_part-3-of-3-saving-the-best-for-last-expansion-expansion-expansion-xponential-2024-exclusive.jpg)
_how-to-install-roof-valley.jpg)
_porsche-taycan-turbo-gt-review-in-laguna-seca.jpg)
_how-to-124-roofing-basics-part-1-of-3.jpg)
![[+]](/images/menu.gif){kind=small}