Italy's Bending Spoons to take Vimeo private in $1.38 billion deal
Yahoo Finance·2025-09-10 21:00
By Jaspreet Singh and Elvira Pollina (Reuters) - Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about 7.85 in cash for each share owned — implying a 63% premium to the stock's last close. Its shares jumped more than 60% to $7.74. The company, spun off from American media executive and e ...