Italy's Bending Spoons to take Vimeo private in $1.38 billion deal
Alexia Bădoiu
Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about $1.38 billion, a deal that would take it private after more than four years of its debut. Vimeo shareholders will get $7.85 in cash for each share owned — implying a 63 per cent premium to the stock's last close. Its shares jumped more than 60 per cent to $7.74. The company, spun off from American media executive and entrepreneur Barry Diller'
din zilele anterioare