Blackstone, Vista Equity Partners Close $8.40 Billion Smartsheet Acquisition

MT Newswires Live
01-22

Blackstone (BX) and Vista Equity Partners have completed the acquisition of Smartsheet in a deal valued at about $8.40 billion, Smartsheet said Wednesday.

Smartsheet shareholders are entitled to get $56.50 in cash for every Smartsheet common share they owned immediately before the take-private deal completion, the company said.

Smartsheet said its stock has stopped trading and is no longer listed on the New York Stock Exchange.

Price: 180.80, Change: -0.72, Percent Change: -0.40

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