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InsideArbitrage Potential Deal Alert: Vimeo (VMEO) Draws Interest From App Developer Bending Spoons

  • March 6, 2024

POTENTIAL DEAL DETAILS

StockVimeo, Inc.SymbolVMEO
Date Announced03/05/2024Source Bloomberg
TypeNews Report

According to Bloomberg, Bending Spoons SpA, one of Europe’s largest mobile app developers, is considering a potential acquisition of video hosting platform Vimeo (VMEO).

Vimeo Investor Relations

Update(s):

March 28, 2024: According to Bloomberg, Bending Spoons SpA has dropped its pursuit of video-hosting platform Vimeo (VMEO) after the parties couldn’t agree on a price.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.