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Top related persons:
Squarespace - 1 Permira - 1 Anthony Casalena - 1 Ares Capital - 1 Anthony - 1 David Erlong - 1 Squarespace's - 1 Elliott - 1
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New York Stock Exchange - 1 Inc - 1 Accel - 1 General Atlantic - 1 Ares - 1 Blackstone - 1 SAP - 1 Toshiba - 1

Search resuls for: "Squarespace's"


3 mentions found


☆ Squarespace to go private in $7 billion private-equity deal
  + stars: | 2024-05-13 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +2 min
The New York Stock Exchange welcomes Squarespace, Inc. (NYSE: SQSP), on May 19, 2021, in celebration of its Direct Listing. Squarespace , the website-building platform, announced on Monday it would go private in a $6.9 billion all-cash deal with private-equity firm Permira, after nearly three turbulent years on the public market. All three have approved the transaction and will continue to be investors after the Permira deal closes. Qualtrics, for example, was spun off from SAP in 2021 and was quickly taken private again in 2023 by Canada's pension plan and Silver Lake in a $12.5 billion deal. Japanese giant Toshiba also went private in 2023 in a $13.6 billion deal, after years of speculation and tumult, including a sustained engagement with activist investor Elliott.
Persons: Squarespace, Permira, Anthony Casalena, Ares Capital, Anthony, David Erlong, Squarespace's, Elliott, Morgan, Skadden, Richards, Layton, Finger, Goldman Sachs, Watkins Organizations: New York Stock Exchange, Inc, Accel, General Atlantic, Ares, Blackstone, SAP, Toshiba, Investors, Latham Locations: J.P
☆ UBS says buy this website builder stock with more than 40% upside
  + stars: | 2023-09-22 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +1 min
A hefty product suite and rising brand awareness could propel Squarespace shares, according to UBS. The investment bank initiated coverage of Squarespace with a buy rating accompanied by a price target of $40 per share. Analyst Chris Kuntarich highlighted Squarespace's suite of content-generation AI products as a driver behind near-term subscriber monetization and long-term subscriber growth. Shares of the website builder have gained 24% this year, outperforming the S & P 500's 12.8% advance in that time. SQSP YTD mountain SQSP ytd chart — Michael Bloom contributed to this report
Persons: Chris Kuntarich, Kuntarich, SQSP, they've, Michael Bloom Organizations: UBS, Google
☆ Super Bowl ads lean on stars, humor to grab attention
  + stars: | 2023-02-09 | by ( Sheila Dang | ) www.reuters.com   time to read: +5 min
[1/3] Musician Ozzy Osbourne takes part in a Super Bowl ad for Workday, in this undated handout photo provided by Workday. Big-name celebrities are not uncommon in Super Bowl ads. A 30-second Super Bowl spot this year sold for a little over $7 million, according to a person familiar with the ad sales. “Advertisers want people talking about their brand, and not just during the 30 to 60 seconds of (Super Bowl) air time,” Rucker said. Some stars will poke fun at themselves or their careers in Super Bowl ads.
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