SQSP Stock Recent News

NEW YORK--(BUSINESS WIRE)--Permira, the global investment firm, today announced the completion of its funds' acquisition of Squarespace, Inc. (the “Company”) in an all-cash transaction that valued the Company at an aggregated transaction value of approximately $7.2 billion. With the completion of the acquisition, Squarespace is no longer listed on the New York Stock Exchange. As part of the transaction, Squarespace Founder & CEO Anthony Casalena rolled over a substantial majority of his exi.

NEW YORK--(BUSINESS WIRE)--Permira, the global investment firm, today announced the success of its funds' cash tender offer for all outstanding shares of common stock of Squarespace, Inc. (NYSE: SQSP). The tender offer expired one minute after 11:59 p.m., New York City time, on October 11, 2024. As of expiration, 46,971,451 shares had been validly tendered and not withdrawn from the tender offer. The tendered shares together with the shares rolled over, or sold directly, by affiliates of Anthon.

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Squarespace, Inc. (SQSP) September 17, 2024 10:49 AM EDT | Source: Brodsky & Smith Bala Cynwyd, Pennsylvania--(Newsfile Corp. - September 17, 2024) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Squarespace, Inc. ("Squarespace" or the "Company") (NYSE: SQSP) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the acquisition of the Company by Permira. Under the terms of the agreement, Squarespace shareholders will receive $46.50 per share in cash representing a transaction value of approximately $7.2 billion.The investigation concerns whether the Squarespace Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration offers fair value to the Company's shareholders. If you own shares of Squarespace stock and wish to discuss the le

SAN DIEGO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf of Squarespace, Inc. (NYSE: SQSP) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm Permira.

Squarespace is becoming a private company, with its new owner offering a more generous deal. The website-building platform had announced plans to merge with private equity firm Permira in a $6.4 million deal.

Proxy advisory firm Institutional Shareholder Services on Friday recommended Squarespace investors vote against a proposed take-private transaction by private equity company Permira later this month.

SAN DIEGO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf of Squarespace, Inc. (NYSE: SQSP) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm Permira.

Calls $44.00 per Share Merger Consideration Offered by Permira Inadequate Considers Industry Standard Methodologies of Transaction Valuation Analysis to Have Been Omitted from Fairness Opinion, Resulting in Significant Undervaluation Believes Flawed, Self-Serving Process Was Designed to Benefit Controlling Shareholders and Permira, to the Detriment of Minority Shareholders Highlights That the Two "Selected Comps" Singled Out by Special Committee's Financial Advisor Have Appreciated More than Premium Offered by Permira Intends to Vote AGAINST the Acquisition at the Upcoming Squarespace Special Meeting NEW YORK , Aug. 14, 2024 /PRNewswire/ -- Glazer Capital, LLC, a manager of investment funds and separate accounts that collectively beneficially own 2,500,000 shares of Squarespace, Inc. (NYSE: SQSP) common stock, or approximately 5.4% of the shares owned by minority shareholders, today issued an open letter to the Squarespace Board detailing its opposition to the proposed acquisition of

Does Squarespace (SQSP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Squarespace (SQSP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).