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Adobe’s PR includes the price: “…approximately $20 billion in cash and stock” Apparently it’s roughly half in cash according to other news reports. Adobe sto
by pavlov 4y ago
Adobe’s PR includes the price:
“…approximately $20 billion in cash and stock”
Apparently it’s roughly half in cash according to other news reports.
Adobe stock is down 8% premarket, so seems like the market thinks they overpaid. (Personally I disagree — this is a good acquisition for Adobe)
- pessimizer 4y agoThe market is caught up in the long-term value of Figma, but it's worth it to Adobe even if they bought it to run it into the ground.