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Vimeo Faces Financial Strain Amid Costly Merger Activities and Potential $40.1M Termination Fee

Vimeo, Inc. (VMEO) has disclosed a new risk, in the Corporate Activity and Growth category. Vimeo, Inc. faces substantial financial risks related ...
Bloomberg L.P.

Bending Spoons to Buy Vimeo in $1.38 Billion All-Cash Deal

Vimeo, the online video platform that has struggled to compete against the likes of YouTube and TikTok, agreed to a $1.38 billion, all-cash takeover by European mobile app developer Bending Spoons.
Reuters

Italy's Bending Spoons to take Vimeo private in $1.38 billion deal

Sept 10 (Reuters) - Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about $1.38 billion, a deal ...