Squarespace to be taken private by Permira in a $6.9bn all-cash deal at $44 per share.
Software company Squarespace, which helps entrepreneurs build online brands and businesses, is set to be taken private by private equity firm Permira in a $6.9bn all-cash deal. Shareholders will receive $44 for each share. The deal has been unanimously approved by a special committee of Squarespace's board of directors and is expected to be finalized by the fourth quarter. Squarespace went public two years ago at $50 per share.
May 13, 2024
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