Brief: Squarespace To Go Private In $6.9B All-Cash Transaction With Permira

Squarespace

13/05/2024 12:46

May 13 (Reuters) - Squarespace Inc  SQSP.N :
    * SQUARESPACE TO GO PRIVATE IN $6.9B ALL-CASH TRANSACTION
WITH
PERMIRA
    * SQUARESPACE INC - STOCKHOLDERS WILL RECEIVE $44.00 PER
SHARE IN
CASH
    * SQUARESPACE INC - ANTHONY CASALENA IS ROLLING OVER A
SUBSTANTIAL
MAJORITY OF HIS EXISTING EQUITY AND WILL CONTINUE TO LEAD
SQUARESPACE AS CEO
    * SQUARESPACE INC - LONG-TERM INVESTORS GENERAL ATLANTIC AND
ACCEL
TO RE-INVEST AS PART OF GO-PRIVATE AGREEMENT
    * SQUARESPACE INVESTOR DAY CANCELLED DUE TO TRANSACTION

Source text for Eikon:  ID:nPn8tqwlwa 
Further company coverage:  SQSP.N 

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