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Stock impact report

SQUARESPACE AND PERMIRA AMEND MERGER AGREEMENT TO INCREASE OFFER PRICE TO $46.50 PER SHARE IN CASH [Yahoo! Finance]

Squarespace, Inc. Class A (SQSP) 
Company Research Source: Yahoo! Finance
Purchase price reflects a 36% premium over the 90-day volume weighted average trading price of , on May 10, 2024 , the last trading day prior to the announcement of the original transaction Amended transaction represents 'best and final' offer and provides enhanced, immediate and certain value to Squarespace stockholders Permira to commence tender offer for all of Squarespace's outstanding shares Amended terms unanimously approved by an independent special committee of Squarespace's Board of Directors NEW YORK Sept. 9, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE: SQSP) and Permira today announced that they have agreed to amend their previously announced definitive agreement. Under the terms of the amended agreement, Squarespace stockholders will receive per share in cash and an aggregate transaction value of approximately $7.2 billion The revised offer price represents an increase of 5.7% over the previously agreed offer price of per share, a premium of 36.4% over Squaresp Show less Read more
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