Vimeo Shareholders Set for Final Payout as Acquisition Nears Completion

Vimeo’s tenure as a publicly traded company is approaching its conclusion, with the video software platform scheduled to be acquired by Bending Spoons this quarter. The $1.38 billion transaction will see shareholders receive $7.85 per share, effectively delisting the company from public markets.

Financial institutions responded swiftly to the acquisition announcement, with multiple firms downgrading their ratings. Truist Securities shifted from “Buy” to “Hold,” while Piper Sandler moved from “Kaufen” to “Neutral”—both establishing price targets precisely at the acquisition price of $7.85. The consensus among four covering analysts now stands at “Hold,” with an average price target of just $6.81.

This coordinated response suggests market experts anticipated further price declines without the takeover offer. Against this backdrop, the $7.85 per share represents... Read more...