13 May 2024

Squarespace says private equity firm Permira plans to take the company private in a $6.9B all-cash deal, or $44 per share, a 15.2% premium on Friday's close (Akash Sriram/Reuters)

Akash Sriram / Reuters:
Squarespace says private equity firm Permira plans to take the company private in a $6.9B all-cash deal, or $44 per share, a 15.2% premium on Friday's close  —  Private equity firm Permira will take Squarespace (SQSP.N) private in an all-cash deal valued at about $6.9 billion, the website-design platform said on Monday.

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