Today, Adobe (Nasdaq:ADBE) and Figma announced that they have entered into a mutual agreement to terminate their previously announced merger agreement, ...
Adobe will pay a $1 billion breakup fee to the design software maker, amid greater antitrust scrutiny of mergers.
Adobe and Figma, the cloud-based design tool, will terminate their planned merger in light of regulatory hurdles, the companies said Monday.
Adobe on Monday shelved its $20 billion deal for cloud-based designer platform Figma, pointing to "no clear path" for antitrust approvals in Europe and the ...
The companies have signed a termination agreement that requires Adobe to pay Figma a $1 billion termination fee. Adobe agreed to buy the collaboration-software ...
Adobe announced that it has canceled its $20 billion acquisition of Figma after running into regulatory roadblocks. ADBE stock rose.
Adobe will no longer acquire Figma after pressure from European regulators made the deal appear unlikely. Figma will receive a $1 billion breakup fee.