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Getty Images and Shutterstock to merge to form $3.7B stock photo giant

TechCrunch: M&A

billion based on yesterdays closing share prices. The combined entity is expected to be valued at $3.7 2024 TechCrunch. All rights reserved. For personal use only.

Stock 325
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Getaround aims to scale car-sharing platform with HyreCar acquisition

TechCrunch: M&A

Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 Getaround’s stock soared 135% in after-hours trading on the news, reaching a high of $0.80. To date, Getaround’s stock has lost 96% of its value.

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Permira completes Squarespace acquisition after upping bid to $7.2B

TechCrunch: M&A

Website builder Squarespace is no longer a publicly traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6

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Jefferies upgrades Nike, says shares can jump more than 50%

CNBC: Investing

The firm said now is the right time to aggressively scoop up shares of Nike given its upside potential and that its stock price is near a "valuation trough."

Shares 139
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HSR Considerations for Secondary Sales of Private Company Stock

JD Supra: Mergers

Such filings are more likely for secondary sales involving large, late-stage private companies whose stock has become valuable. Further, while the HSR Act is a US law, its requirements may apply to sales of shares. By: Cooley LLP

Sale 159
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Delaware Court of Chancery Confirms Enforceability of Identity-Based Voting Stock

JD Supra: Mergers

Bumble), which contemplated that each share of stock carried either one vote or 10 votes depending upon the identity of the holder, were valid and consistent with the Delaware General Corporation Law (DGCL). Recently, in Colon v. Bumble, the Delaware Court of Chancery held that certain provisions in the charter of Bumble, Inc.

Stock 177
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The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum ready' directive

CNBC: Investing

Quantum computing stocks rallied Wednesday after Microsoft urged businesses to get "quantum-ready" in 2025.

Stock 143