Vimeo to be acquired by Bending Spoons for $1.38B (VMEO:NASDAQ)
Core Viewpoint - Vimeo has agreed to be acquired by Bending Spoons in an all-cash deal valued at approximately $1.38 billion, with shareholders set to receive $7.85 per share [4]. Group 1 - The acquisition is a definitive agreement, indicating a formal commitment between Vimeo and Bending Spoons [4]. - The transaction is structured as an all-cash deal, which may appeal to shareholders looking for immediate liquidity [4]. - The valuation of the deal at about $1.38 billion reflects Vimeo's market position and potential growth prospects [4].