Squarespace, Permira amend agreement, increase offer price to $46.50 per share

Written by Emily J. Thompson, Senior Investment Analyst

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Updated: Sep 09 2024

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Amended Agreement Details: Squarespace and Permira have amended their agreement, with stockholders set to receive $46.50 per share in cash, totaling approximately $7.2 billion for the transaction.
Financial Premiums: The new offer represents a 5.7% increase from the previous price of $44.00 per share and offers significant premiums over Squarespace's recent trading prices and its 52-week high.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Squarespace, Permira amend agreement, increase offer price to $46.50 per share

About the author

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