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Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion

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Summary
Nutrition label

86% Informative

Blackstone and Vista Equity Partners will acquire Smartsheet in an $8.4 billion deal.

The all-cash bid of $ 56.50 per share is about a 41% premium to the company's unaffected average share price.

The collaboration software maker went public in 2018 alongside other software companies, including DocuSign .

VR Score

91

Informative language

92

Neutral language

87

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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