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Glazer Capital Intends to Vote Against Proposed Acquisition Of Squarespace By Permira; Calls $44.00 Per Share Merger Consideration Offered By Permira As Inadequate

Author: Benzinga Newsdesk | August 14, 2024 07:19am

Glazer Capital, LLC, a manager of investment funds and separate accounts that collectively beneficially own 2.50 millon shares of Squarespace, common stock, or approximately 5.4% of the shares owned by minority shareholders, issued an open letter to the Squarespace Board detailing its opposition to the proposed acquisition of Squarespace by Permira Advisers and disclosing its intent to vote against the transaction at the upcoming special meeting of Squarespace shareholders.

Posted In: SQSP


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