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Vimeo to be acquired by Bending Spoons for $1.38B
Video streaming site Vimeo (NASDAQ:VMEO) has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at about $1.38 billion. Under the terms of the ...
Vimeo, an online-video platform that has seen a surge of revenue as businesses rely more on the internet to reach customers during the pandemic, will be spun off from IAC/InterActive ...
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Vimeo Faces Financial Strain Amid Costly Merger Activities and Potential $40.1M Termination Fee
These costs persist regardless of the merger’s completion, posing a financial burden. Furthermore, if the merger agreement is terminated under specific conditions, Vimeo may be obligated to pay a $40.
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