Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Blackstone and Vista Equity Partners are acquiring software maker Smartsheet for $8.4 billion in cash, or $56.50 per share; the deal is expected to close in Smartsheet's fiscal fourth quarter.
Blackstone and Vista Reach Smartsheet Deal
Blackstone and Vista Equity Partners have agreed to acquire software provider Smartsheet Inc. for about $8.4 billion in one of the year's largest take-private deals. Ryan Gould reports.
Vista and Blackstone to acquire software maker Smartsheet in $8.4 billion deal
In a major move, private equity firms Vista Equity Partners and Blackstone are set to acquire Smartsheet, a cloud-based software company, for approximately $8.4 billion in an all-cash transaction. Under the terms of the agreement, Vista and Blackstone will purchase Smartsheet shares at $56.50 each, according to a joint announcement made on Tuesday.
Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Private equity firms Vista Equity Partners and Blackstone are buying software maker Smartsheet for approximately $8.4 billion in cash.
PE firms Vista, Blackstone to buy software maker Smartsheet for $8.4 bln
Private equity firms Vista Equity Partners and Blackstone will buy collaboration-software maker Smartsheet for $8.4 billion, the companies said on Tuesday.
Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion
Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion
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A hotel operator based in India is acquiring the budget motel chain Motel 6 from Blackstone for $525 million, the New York-based investment firm announced Friday.
Exclusive: Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say
Buyout firms Vista Equity Partners and Blackstone are in advanced talks to acquire Smartsheet , in a deal that could value the collaboration-software maker at close to $8 billion, people familiar with the matter said on Monday.
Blackstone stock price gets severely overvalued ahead of Fed cuts
Blackstone (NYSE: BX) stock price rose for the six consecutive days, reaching a record high of $155. It has risen by over 26% this year and by over 250% in the last five years, giving it a market cap of over $184 billion.
Buy High-Quality Dividends Before It's Too Late - And 11 Picks Worth Considering
The Fed's rate cuts could trigger a rotation from bonds to dividend stocks, as investors seek alternatives for stable, attractive income. High-quality dividend stocks, particularly those offering inflation protection, are well-positioned to outperform in this shifting market. Investors should focus on selecting robust dividend stocks to build portfolios that provide income and capitalize on these macroeconomic changes.
Blackstone Reportedly Mulling Sale of $7B Visa Outsourcing Firm VFS
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Blackstone Inc. (BX) Barclays 22nd Annual Global Financial Services Conference (Transcript)
Blackstone Inc. (NYSE:BX ) Barclays 22nd Annual Global Financial Services Conference September 11, 2024 11:15 AM ET Company Participants Michael Chae - Chief Financial Officer Conference Call Participants Benjamin Budish - Barclays Benjamin Budish Final chat, delighted to have with us from Blackstone, Michael Chae, CFO. Mike, thanks so much.
