Vimeo's stock has soared close to the $7.85 per-share price that Italian technology company Bending Spoons has agreed to pay for the video-platform company.

Vimeo, Inc. is being acquired by Bending Spoons for $1.38 billion, a ~61% premium to its pre-deal price. Click here to read ...

Vimeo agreed to be acquired by European tech company Bending Spoons in an all-cash deal valued at approximately $1.38 billion ...

Bending Spoons, meanwhile, has a track record of gutting the companies it takes over. It bought Evernote in 2022 and laid off most of the note-taking service's workers the following year. Bending ...