Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Vista Equity Partners and Blackstone are nearing a deal to acquire Smartsheet, a collaboration-software maker, for approximately $56 per share or nearly $8 billion. The buyout firms are in advanced negotiations to finalize the acquisition, according to sources familiar with the matter. The transaction would value Smartsheet at close to $8 billion, reflecting the companies' confidence in the growth potential of the collaboration software industry. The ticker symbol for Smartsheet is $SMAR.
๐ฃ JUST IN: Vista & Blackstone Near $8B Acquisition Deal for Smartsheet $SMAR $BX ๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ: ๐ ๐๐ข๐ฌ๐ญ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ and ๐๐ฅ๐๐๐ค๐ฌ๐ญ๐จ๐ง๐ in advanced talks to buy ๐๐ฆ๐๐ซ๐ญ๐ฌ๐ก๐๐๐ญ. ๐ Deal could value ๐๐ฆ๐๐ซ๐ญ๐ฌ๐ก๐๐๐ญ at $๐โฆ https://t.co/Ujq2DoqIlS
๐จ๐บ๐ธVISTA AND BLACKSTONE NEAR $8-BILLION DEAL TO ACQUIRE SMARTSHEET Private equity giants Vista Equity Partners and Blackstone are in advanced negotiations to acquire Smartsheet, the collaboration-software maker, in a deal valued at nearly $8 billion. The firms are discussingโฆ https://t.co/DxjMQmx5Bl
*VISTA, BLACKSTONE NEAR ~$56/SHR DEAL FOR SMARTSHEET: REUTERS $SMAR
