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Business, Stocks

“Squarespace to go private in $7 billion private-equity deal”

Squarespace, the website-building platform, announced on Monday it would go private in a $6.9 billion all-cash deal with private-equity firm Permira, after nearly three turbulent years on the public market. Permira agreed to pay $44 per share in cash, a roughly 30% premium to Squarespace’s unaffected share price…”

https://www.cnbc.com/2024/05/13/squarespace-to-go-private-in-7-billion-private-equity-deal.html

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