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An update from Smartsheet ( (SMAR) ) is now available.
On January 22, 2025, Smartsheet announced the completion of its acquisition by Blackstone and Vista Equity Partners, valued at approximately $8.4 billion. As a result of this transaction, Smartsheet has been delisted from the New York Stock Exchange, and its stockholders will receive $56.50 in cash per share. This acquisition enables Smartsheet to leverage the resources and expertise of Blackstone and Vista to enhance its product offerings and expand its global reach.
More about Smartsheet
Smartsheet is a modern enterprise work management platform that is trusted by millions of people at companies globally, including over 85% of the 2024 Fortune 500 companies. It is a market leader delivering powerful solutions for performance and innovation.
YTD Price Performance: 0.73%
Average Trading Volume: 3,400,707
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.91B
Find detailed analytics on SMAR stock on TipRanks’ Stock Analysis page.