Vimeo Enters into Definitive Agreement to Be Acquired by Bending Spoons for $1.38 Billion
1. Vimeo to be acquired by Bending Spoons for $1.38 billion. 2. Shareholders will receive $7.85 per share, a 91% premium. 3. Transaction aims to enhance Vimeo's strategic roadmap post-acquisition. 4. Bending Spoons plans significant investments in Vimeo's operations. 5. Vimeo will become privately held after transaction closure.