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Adobe, Figma to terminate $20 billion deal over regulatory hurdles

Adobe, which struck the deal in September last year, has forecast its annual and quarterly revenue below estimates as tightened client spending remains a drag on its business. ....

United Kingdom , Shantanu Narayen , European Union , Regulatory Hurdles ,

Piper Sandler Reiterates "Overweight" Rating for Adobe (NASDAQ:ADBE)

Piper Sandler reaffirmed their overweight rating on shares of Adobe (NASDAQ:ADBE – Free Report) in a research report report published on Thursday, Benzinga reports. They currently have a $650.00 target price on the software company’s stock. A number of other research analysts have also issued reports on the company. Bank of America boosted their target […] ....

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Adobe Terminates $20 Billion Deal For Figma—Both Firms Say There's 'No Clear Path' For Regulator Approval

The U.K.’s competition watchdog said Adobe failed to propose remedies for regulatory concerns. ....

Bevan Wallace , Shantanu Narayen , Justice Department , European Union , European Commission , Markets Authority , Monday Adobe , Dylan Field , Takeover Of Figma Makes Cofounders Billionaires , Thierry Breton ,

Adobe Abandons $20 Billion Acquisition of Figma, Will Pay $1 Billion Breakup Fee

Adobe has announced that it is abandoning its $20 billion acquisition of Figma due to insurmountable regulatory pressure from the EU and UK. ....

United Kingdom , David Wadhwani , Shantanu Narayen , Company Or Figma , European Commission , Markets Authority , United Kingdom Competition , Digital Media Business , Dylan Field , Merger Agreement , Outside Date , Will Pay ,

Adobe Inc. (NASDAQ:ADBE) Shares Purchased by Transform Wealth LLC

Transform Wealth LLC raised its holdings in Adobe Inc. (NASDAQ:ADBE – Free Report) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,271 shares of the software company’s stock after buying an additional 537 shares during […] ....

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